Binance Records Largest BTC Outflow Since 2023 as Price Holds Above $83K
Key Facts
Binance recorded a net outflow of over 13,800 BTC in a single day, marking the largest daily withdrawal from the exchange since 2023. Bitcoin.com reported that this movement occurred while the Bitcoin price remained stable above the $83,000 level, representing a significant shift in liquidity flows for one of the world's largest crypto trading venues.
The exchange's Bitcoin reserves fell by approximately 20,000 units over a four-day period, with holdings dropping from around 705,000 to 685,000 BTC according to Cryptoquant data. Analysts interpret these massive outflows, valued at approximately $1.15 billion on September 22, 2026, as a move by investors to transfer assets to cold storage or private custody, potentially reducing immediate sell-side pressure in the market.