Binance Bitcoin Reserves Plunge by 40,000 BTC in Two Weeks

Binance has seen a significant drop in its Bitcoin reserves over the past 15 days, with a net outflow of approximately 40,000 BTC. The exchange's reported reserves fell from 704,800 BTC to 663,100 BTC, marking a notable reduction in its holdings. This decline represents the largest weekly net outflow since June 2023, with the weekly figure reaching 23,100 BTC.

The daily net outflow on October 6, 2026, was about 14,300 BTC, the highest level observed in three years. The overall reduction in reserves highlights a period of substantial Bitcoin withdrawals from the exchange. The exact difference between the initial and final reserves was 41,700 BTC, though the net outflow was described as roughly 40,000 BTC.