Binance BTC outflows hit highest since mid-2023 as whales deposit stablecoins

whale_movements

Bitcoin outflows from Binance reached their highest level since mid-2023, while large holders deposited stablecoins to the exchange. The activity points to a shift in exchange balances and increased liquidity available for trading, but does not by itself establish whether whales are preparing to buy or sell. The combination signals heightened market positioning and could amplify volatility.

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