$55 Million in Bitcoin Is Leaving Binance Every Day: This Is What Drove the Rally From $65,000 to $74,000
CryptoQuant data tracking Bitcoin exchange netflows on Binance shows the 30-day moving average of netflows, known as the SMA30, has dropped to negative 774 BTC, reflecting a sustained daily outflow trend that averages approximately $55 million worth of Bitcoin leaving the exchange every day at the current price near $70,000.
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