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outflows

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05 Jun 23

Binance sees net outflows of $69 million in one hour

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid the recent legal action taken by the SEC against Binance and its CEO Changpeng Zhao, cryptocurrency traders are swiftly withdrawing their funds from the crypto exchange. Blockchain data analyzed by Nansen, a leading blockchain intelligence platform, reveals that Binance experienced […]

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08 May 23

Binance BTC withdrawal halt linked to massive coin outflows

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Incoming data from CryptoQuant indicates that Binance’s halt of BTC withdrawals could be connected to 3 major transactions between its wallets yesterday. On May 7, the popular crypto exchange Binance announced halting bitcoin-related withdrawals. Moments later, the platform resumed the bitcoin […]

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19 Apr 23

Bitcoin on-chain fundamentals stay solid as investors hold tight amid exchange outflows

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Glassnode data reveals long-term holding trends and exchange net outflows for bitcoin, indicating increased investor confidence. As the world of cryptocurrency continues to evolve, recent data from blockchain analytics firm Glassnode paints an intriguing picture for bitcoin investors. The number of […]

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30 Mar 23

CryptoQuant shows outflows from Binance after CFTC lawsuit

Data from on-chain analytics provider CryptoQuant showed that investment outflows from Binance during three of its most recent stressful events remained within historical ranges. This means the crypto exchange largely managed to beat the fear, uncertainty, and doubt (FUD) caused by the events. CryptoQuant, on March 30, released snippets of a recent assessment it made […]

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