BITCOIN | Why the World’s Largest Crypto Exchange Saw Record Bitcoin Outflows in September 2026

Bitcoin withdrawals from Binance reached their highest weekly level in more than three years in late September 2026 while large holders increased stablecoin deposits on the exchange according to on-chain analytics firm, CryptoQuant.

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Oct 6, 2026 at 11:00 AM UTC · Updated 4 小时前 · 1 分钟阅读

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Binance recorded net Bitcoin outflows of 23,137 BTC in the seven days through September 27 2026, the largest weekly outflow since June 2023 when its Bitcoin balance fell by 44,942 BTC. The exchange’s Bitcoin reserves have declined by nearly 40,000 BTC since September 20 2026, the data showed.

CryptoQuant said the withdrawals could indicate accumulation, as Bitcoin held away from exchanges is generally less readily available for immediate sale. In June 2023, a similar decline in Binance’s reserves was followed by a rise in Bitcoin prices from about $26,300 to $30,500 over the following week.

At the same time, large holders have been moving more stablecoins onto Binance. CryptoQuant said whale entities increased their rolling 30-day stablecoin inflows to the exchange by 40% between August 15 2026 and the end of September 2026 from $21.7 billion to $30.5 billion.

Stablecoins held on exchanges can provide liquidity for purchases of crypto assets although the data does not establish that the funds will be used to buy Bitcoin.

Bitcoin has traded between about $82,500 and $87,500 since September 21 2026.