Binance has experienced large-scale capital outflows over the past 7 days, indicating a synchronized withdrawal of both "cash" and "assets"
Odaily News CryptoOnchain posted on social media, stating that the Binance platform has seen large-scale capital outflows over the past 7 days, with both stablecoins and mainstream assets being transferred out of the platform on a massive scale, including:
USDT (ERC20) net outflow of approximately $22.6 billion
USDC net outflow of approximately $12.4 billion
BTC net outflow of approximately $21.4 billion
ETH net outflow of approximately $13.5 billion
This indicates a synchronized withdrawal of both "cash" and "assets." While selling pressure may decrease, buying power within the exchange is also weakening. Liquidity contraction often signals that volatility may intensify, and price discovery may rely more on external capital flows rather than activity within the Binance platform.
