Crypto

Binance Faces $247M Net Outflow of USDT

Guavy AI Editorial Team Published August 22, 2026

Instruments

USDT BNB

Binance, one of the largest cryptocurrency exchanges globally, has experienced significant net outflows of USDT (Tether) in the past 24 hours. According to data from CryptoRank, Binance's net outflow of USDT stands at $247 million.

This development comes as investors and analysts closely monitor the exchange's liquidity and user activity. The net outflow of USDT indicates a decrease in investor confidence or a potential withdrawal of funds from the platform.

The Wire

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