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Binance says Bitcoin ‘outflows’ are internal wallet movements
By Oluwapelumi Adejumo at 2026-05-05 11:01
Sentiment: Negative
Crypto exchange Binance has clarified that the large volume of Bitcoin (BTC) outflows most data aggregators reported was false. According to a May 8 tweet, the exchange said the reported “outflows” were internal movements between its hot and cold wallets due to its address adjustments. In the last 24 hours, Coinglass data showed that Binance experienced […] The post Binance says Bitcoin ‘outflows’ are internal wallet movements appeared first on CryptoSlate. Continue reading...
Categories: Exchanges
Tags: #Exchanges #Featured #Trading #binance #bitcoin
Source CryptoSlate