Net USDT outflow from Binance hits $46 million in one hour
- —Net USDT outflow from Binance reached $46.0059 million in one hour on September 30
- —Withdrawals outpaced deposits within the same one-hour window
- —30 of the top 50 coins were gaining while 18 were declining at the snapshot
- —SNX rose 5.49% with 99% buy orders; GRT fell 5.61%
Why it matters: A sharp stablecoin outflow from the largest exchange can signal shifting trader sentiment and reduced liquidity.
Source: The Cryptonomist (IT)