$3.2 Billion Stable Coins Exit From Binance Exchange!

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Leading analytics company Glassnode claims that top cryptocurrency exchange Binance is seeing withdrawals of stablecoins valued at billions of dollars.

According to Glassnode, over the course of a 30-day period, Binance has seen outflows of Tether (USDT), USD Coin (USDC), Binance USD (BUSD), and Dai (DAI) totaling $3.2 billion.

According to the Glass node chart, Binance's net withdrawals of dollar-pegged crypto assets this month appear to be at their highest level in almost three years.

The analytics firm also says that 57,300 BTC & more than $544.56 million worth of Ethereum (ETH) has been taken off the exchange on December 13th.