The recent trend of positive inflows to US spot Bitcoin ETFs has been further boosted by Binance's significant outflow. This development may have implications for the overall market dynamics. Binance's net daily outflows surpassed 9,000 BTC on Tuesday, setting a new multimonth record for the exchange.
Source
"Binance Reports Record-Breaking Daily Bitcoin Outflow" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.
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