Binance Sees Largest Bitcoin Outflow Since 2023 as BTC Trades Near $85K

• Binance recorded a 13,800 Bitcoin single-day outflow, its largest since 2023.
• Binance’s Bitcoin reserves fell from 705,000 to 685,000 BTC in four days.
• Analysts link the outflow to renewed FOMO.

More than 13,800 Bitcoin left Binance in one day on September 25, the exchange’s largest daily withdrawal since 2023.

The move comes as Bitcoin trades near $84,000, with Binance’s exchange reserves falling sharply over the same period.

Binance Reserves Drop by 20,000 BTC in Four Days

CryptoQuant analyst Darkfost reported on the 25th that Binance’s net outflow of Bitcoin exceeded 13,800 BTC in a single day, marking the largest amount since 2023.

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“Over the span of 4 days, Binance’s BTC reserves dropped from 705 000 BTC to 685 000 BTC, today reported,” the analyst wrote. 

According to him, Binance, which holds roughly 30% of all exchange-accessible Bitcoin, has posted a weekly average net outflow of approximately 2,000 BTC. 

Over four days, its reserves fell from 705,000 Bitcoin to 685,000 Bitcoin, a decline of roughly 20,000 BTC. 

The exchange previously logged a net outflow of about 9,000 BTC in a single day in late July, though Darkfost noted this week’s move is significantly larger.