A record 55,000 Bitcoin, or over $1.1 billion, was just withdrawn from Binance

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A record 55,000 Bitcoin, or over $1.1 billion, was just withdrawn from Binance
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Some serious BTC buying has been going on at Binance this week.

The latest data from on-chain analytics firmBinance finishes the day 55,000 BTC lighter

The outflows beat all other buying sprees, including the $17,600 dip in June this year and the March 2020 crash.CryptoQuant contributor Binh Dang further noted that derivatives platform outflows were setting multi-month records. “While there is still a lack of on-chain confirmation of Bitcoin bottoming, looking back at the history of late 2018, we will see the difference,” he concluded.

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