Bitcoin analysis eyes ‘serious volume’ after Binance sees 9K BTC daily outflow
CoinTelegraph·
60-second summary
Binance sees a record 9K BTC daily outflow, marking a multimonth high for net BTC outflows on the platform, while US spot Bitcoin ETFs experience emerging positive inflows. This trend suggests investors are increasingly turning to regulated, traditional exchanges over centralized platforms, potentially driving price stability and boosting the overall market sentiment.
Binance set multimonth records for net BTC outflows on Tuesday, adding to an emerging trend of positive inflows to the US spot Bitcoin ETFs.