Binance ETH withdrawals hit 3-year high as 166,000 transactions flood out in a single day
Covered by 5 sources · 5 articles
5 outlets - including Crypto, Cointelegraph and Crypto-economy and 2 more - are covering this story. Binance saw $1.2b in weekly outflows as ETH withdrawals hit a 3-year high, raising focus on accumulation, MiCA rules and market risk.
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Binance outflows triple as ETH withdrawals hit 3-year high
Binance saw $1.2b in weekly outflows as ETH withdrawals hit a 3-year high, raising focus on accumulation, MiCA rules and market risk.
Binance outflows triple to $1.2B as ETH withdrawals hit 3-year high
Binance recorded $1.23 billion in weekly net outflows, up 207% from the previous week, as Ethereum withdrawals surged to a three-year high.
Binance Sees 166,000 ETH Withdrawals in a Single Day as Ethereum Rebounds Toward $1,700
TL;DR: Binance recorded over 166,000 Ethereum withdrawal transactions in a single day, the highest level in more than three years. Analyst Darkfost from CryptoQuant identified three possible causes: genuine accumulation, migration to DeFi,…
Ethereum Withdrawals on Binance Hit 3-Year High
Binance has just recorded the highest level of Ethereum withdrawals seen since 2023, flashing a crucial buy signal as ETH eyes a potential recovery.
Binance ETH withdrawals hit 3-year high as 166,000 transactions flood out in a single day
The surge in ETH withdrawals from Binance suggests a shift towards self-custody and potential market volatility amid regulatory changes. The post Binance ETH withdrawals hit 3-year high as 166,000 transactions flood out in a single day appe…