Amr Taha
$2.65B in Large USDT Wallet Changes Precedes $1.13B Bitcoin Outflow From Binance
Binance recorded $1.13 billion in Bitcoin net outflows on October 27, the third-largest negative reading in the chart's period, while BTC traded near $79,700 . The reading was just $170 million below the $1.30 billion outflow on October 6 and $100 million below September 22's $1.23 billion. A separate Ethereum-based USDT metric adds another signal. On October 25, the largest wallet-change tier (over $100 million) registered $2.65 billion in absolute daily balance changes, its highest reading since August 27's $3.96 billion, and $1.31 billion below that benchmark. The USDT figure measures the magnitude of wallet balance changes, not net inflows or money available for Bitcoin purchases.