Binance Logs Largest Bitcoin Outflow Since 2023 as Whales Add Stablecoins
Binance saw net Bitcoin outflows of 23,137 BTC in the week to September 27 2026, the biggest weekly withdrawal since June 2023, according to CryptoQuant data.
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AfroEuropa desk
Bitcoin withdrawals from Binance climbed to their highest weekly level in over three years during late September 2026, according to on-chain analytics firm CryptoQuant.
The exchange recorded net Bitcoin outflows of 23,137 BTC in the seven days ending September 27 2026. That marked the largest weekly outflow since June 2023, when Binance's Bitcoin balance dropped by 44,942 BTC. Since September 20 2026, the exchange's Bitcoin reserves have fallen by close to 40,000 BTC, the data showed.
CryptoQuant said the withdrawals could point to accumulation, since Bitcoin moved off exchanges is generally less available for immediate selling. It noted that a comparable drop in Binance reserves in June 2023 was followed by a price rise from roughly $26,300 to $30,500 over the subsequent week.
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