Binance Records $963M USDT Net Outflow in 24 Hours, On-Chain Data Shows Capital Movement

News Editor

2026-06-27 01:31:25

According to Coinglass data, Binance experienced a net outflow of approximately 963 million USDT over the past 24 hours. This on-chain metric reflects short-term capital movements that may be linked to market sentiment or institutional rebalancing, though single-day figures should be interpreted with caution.

Net Outflow Overview

On-chain data aggregator Coinglass reports that Binance saw a net outflow of about 963 million USDT in the last 24 hours. The metric tracks the difference between deposits and withdrawals from the exchange's wallet addresses, with a negative value indicating outflows.

Significant net outflows are often interpreted as investors moving assets to self-custody wallets or other platforms, potentially signaling reduced selling pressure or a longer-term holding preference. However, single-day fluctuations can be volatile and should be assessed alongside multi-day trends and data from other exchanges for a comprehensive view.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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