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Binance Experiences $40 Million USDT Outflow Within Hour

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A recent surge in outflows from Binance has seen over $40 million worth of USDT (Tether) leave the exchange within the past hour.

Data from CryptoRank shows that Binance's net outflow for the past hour stood at 4,084.94 million USDT.

The latest figures highlight a significant shift in investor sentiment, with some market observers attributing the trend to increased caution among investors following recent market volatility.

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