On-chain data shows $5.643 billion in outflows tied to Binance-labeled wallets, with at least $2.316 billion frozen

On-chain data shows $5.643 billion in outflows tied to Binance-labeled wallets, with at least $2.316 billion frozen

N
News Editor
2026-10-29 21:36:10
On-chain monitoring data cited by Odaily shows that total asset outflows linked to Binance-labeled wallets have reached about $5.643 billion. The breakdown includes roughly $3.528 billion on Ethereum, $1.449 billion on Bitcoin, $628 million on Tron, and a combined $38 million across Arbitrum, Optimism, and Base. The methodology excludes change outputs and avoids double counting from later transfers and swaps. Tether and Circle, the issuer of USDC, have frozen at least $2.316 billion in stablecoins so far, including about $1.493 billion in USDT and $823 million in USDC.

Odaily reported, citing on-chain monitoring, that total asset outflows tied to Binance-labeled wallets were about $5.643 billion.

The breakdown showed about $3.528 billion on Ethereum, $1.449 billion on Bitcoin, $628 million on Tron, and a combined $38 million across Arbitrum, Optimism, and Base.

The calculation excluded change outputs and did not double count later transfers or swaps.

Tether and Circle, the issuer of USDC, have frozen at least $2.316 billion in stablecoins, including about $1.493 billion in USDT and $823 million in USDC.

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