Binance Bitcoin Outflow Tops 9,000 BTC as Selling Pressure Eases

Bitcoin transfers from exchanges into self-custody reduce the supply immediately available for sale, making netflows a closely watched gauge of near-term pressure. Moves at Binance, the world’s largest crypto exchange, carry particular weight. CryptoQuant said the signal becomes more meaningful alongside inflows into US spot Bitcoin exchange-traded funds, which indicate institutional demand, though exchange outflows alone do not establish a new uptrend.

CryptoQuant said on July 22, 2026, that Binance recorded a net outflow of more than 9,000 BTC on July 21, including a reading of 9,030 BTC, the biggest one-day total since November 2024. Bitcoin was trading around $65,000 to $66,000, where buyers showed better absorption than during the prior weak phase, while US spot Bitcoin ETFs remained in net inflow. Analysts said confirmation would require stronger spot demand, trading volume and a more stable price structure.