Binance Sees $700 Million in Ethereum Outflows Amid SEC Charges, Highest Since March Crypto Crisis
The world’s largest crypto exchange, Binance, saw outflows of more than $700 million on the Ethereum network alone on Monday after news broke that the exchange is being sued by the US Securities and Exchange Commission (...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The news of the outflows was shared by on-chain analysis platform Nansen on Twitter on Tuesday, with the tweet noting that net flows, even in the past hour, continues to be negative....
Read More: Binance Sees $700 Million in Ethereum Outflows Amid SEC Charges, Highest Since March Crypto Crisis
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Bitcoin’s weekend rebound faces an $80,400 test after nearly $730 million in ETF outflows
Bitcoin traded near $82,900 in PerpFinder’s Oct. 10, 09:36 UTC snapshot, with traders watching whether the weekend rebound brings...
Ethereum open interest rose 2.3% in ETH on Binance as its dollar value fell 6.6%
Ethereum open interest in Binance’s ETHUSDT futures contract was 2.27% higher in ETH on Thursday, Oct. 8, over the last 48 hours,...
Ethereum ETFs see largest weekly net outflow since January
The significant outflows from Ethereum ETFs may signal waning investor confidence and broader bearish sentiment in the crypto mark...
PeckShield traces $3.89 million from Ledger wallet drain to Binance deposits
The incident highlights vulnerabilities in hardware wallet supply chains and the challenges of tracing stolen crypto across decent...
PeckShield Traces $3.89 Million in Ledger Theft Funds to Binance Deposits
The reported Tron deposits offer investigators an exchange-account lead, but intermediary wallets handling other clients’ money co...
Ledger hack scare nears $90 million as Tether moves to freeze stolen USDT
Suspected Ledger wallet thefts are approaching $90 million as Tether freezes USDT stablecoin linked to the incident, according to...