Binance Net Outflows Hit $1.23B in Week of June 29, ETH Withdrawals Surge to 3-Year High

ETH-0.18%
BTC0.18%
According to DefiLlama and CryptoQuant, during the week starting June 29, Binance experienced net outflows of $1.23 billion, representing a 207% increase from the prior week's $400 million. CryptoQuant data showed Binance's single-day ETH withdrawal transactions exceeded 166,000, the highest level in over three years. During the same period, Ethereum rose approximately 12.5% to $1,766, while Bitcoin gained 4.3% to $62,925.
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