Binance single-day outflow exceeds 13,800 BTC, marking the largest outflow since 2023

TechFlow reported on September 25 that, according to Darkfost's analysis, during the recent Bitcoin uptrend, BTC outflows from Binance have remained predominant, averaging a net daily outflow of around 2,000 BTC over the past week.

Notably, Binance experienced a single-day net outflow exceeding 13,800 BTC, setting a record for the largest single-day net outflow since 2023. Within the past four days, the platform's BTC reserves declined from approximately 705,000 to 685,000, a reduction of roughly 20,000 BTC.

Darkfost stated that continuous BTC outflows from exchanges typically mean some investors choose to transfer assets to self-custody, which may correspond to longer-term holding behavior and simultaneously reduce potential sell pressure on exchanges. He believes the recent large-scale outflows may indicate that investors who had been waiting for further Bitcoin declines are starting to develop FOMO sentiment.