CoinOtag
2025-12-12 07:09:07

Bitcoin Withdrawals Surge on Binance to Seven-Year High as Deposits Hit 2017 Lows

Bitcoin withdrawals from Binance have surged to a seven-year high, while deposits hit their lowest since 2017, signaling a strong shift toward self-custody amid price consolidation around $90,000–$91,000. This rare pattern reduces sell-side pressure and tightens exchange supply. Binance Bitcoin withdrawals spiked to levels unseen since 2018, indicating traders are prioritizing long-term holding over trading [...]

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