Nearly 40,000 BTC, worth about $3.3 billion, has left Binance since Sept. 20, when its reserves stood at 704,800 BTC. Reserves have since fallen to 663,100 BTC. Binance recorded 23,100 BTC in net outflows last week, the highest weekly level since June 2023. Another 14,300 BTC left the exchange in a single day, exceeding the 13,800 BTC outflow recorded the previous week. Bitcoin is currently trading near $85,000.
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