Binance Sees Largest Bitcoin Outflows in Over Three Years
Binance saw its highest weekly Bitcoin outflows in over three years in late September 2026. According to on-chain analytics firm CryptoQuant, the exchange recorded net outflows of 23,137 BTC in the seven days ending September 27, 2026. This marked the largest weekly outflow since June 2023 when Binance's Bitcoin balance dropped by 44,942 BTC. Since September 20, 2026, the exchange's Bitcoin reserves have decreased by nearly 40,000 BTC.
CryptoQuant suggested that these withdrawals could signal accumulation, as Bitcoin held away from exchanges is typically less available for immediate sale. A similar decline in Binance's reserves in June 2023 was followed by a rise in Bitcoin prices from about $26,300 to $30,500 over the following week.
Meanwhile, large holders have been increasing their stablecoin deposits on Binance. CryptoQuant reported that whale entities boosted their rolling 30-day stablecoin inflows to the exchange by 40% between August 15, 2026, and the end of September 2026, from $21.7 billion to $30.5 billion. While stablecoins on exchanges can provide liquidity for crypto purchases, the data does not confirm that these funds will be used to buy Bitcoin.
Bitcoin has traded between $82,500 and $87,500 since September 21, 2026.