The Binance Stablecoin Shuffle - Glassnode

Binance Records Biggest Stablecoin Net Outflow of $295M/Day

Darius Alexandru on LinkedIn: Explained: Binance’s Record $295M

According to a recent report

The past few days have been all about Binance. From CFTC’s lawsuit to the increased outflows, the exchange

According to a recent report by Glassnode, the net flow volume of stablecoins surged to a high of $295 million per day from Binance. Glassnode’s net flow volume estimates

Binance has seen the largest net outflow of stablecoins in its history. A Glassnode report has confirmed a significant decrease in Binance's USD value and stablecoin

Glassnode

Explained: Binance’s Record $295M Daily Stablecoin Outflow Net stablecoin outflow from Binance hits $295 million per day amid CFTC lawsuit and BUSD shift

Glassnode’snet flow volumeis a crucial metric that estimates the number of crypto assets leaving or entering an exchange. The value of this metric is usually positive when a large number of assets are transferred to the exchange. Source: Glassnode Conversely, a negative value indicates an increased withdrawal of Ver más

Explained: Binance’s Record $295M Daily Stablecoin Outflow

According to the current value

According to the current value of this metric, investors are withdrawing stablecoins at a rate of $295 million per day from the cryptocurrency exchange. This is the largest net stablecoin

Binance has experienced an unprecedented net outflow of stablecoins, according to a Glassnode report. According to the report, investors are pulling out $295 million worth of

Binance Faces Backlash Over BUSD Operations Amid

A positive value

Binance Observes Largest Stablecoin Net Outflow In History

A positive value ???? shows aggregate stablecoin supply on Binance has increased (inflows), while the negative value ???? underscores a net outflow. To isolate the net

Binance Sees Record $295M Stablecoin Outflow: What Does It