Binance Faces $69.9 Billion Outflow Across Major Crypto Assets in Seven Days

Binance experienced approximately $69.9 billion in net outflows over the past seven days, according to blockchain data provider CryptoOnchain. Withdrawals included $22.6 billion in Tether (USDT), $12.4 billion in USD Coin (USDC), $21.4 billion in Bitcoin (BTC), and $13.5 billion in Ethereum (ETH). This sharp reduction in both major cryptocurrencies and stablecoins signals a significant decline in buying power and exchange liquidity, conditions that may increase price volatility and shift price discovery toward external markets.

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