According to Cointelegraph, Binance’s Bitcoin reserve balance fell by roughly 40,000 coins starting in September. The drop coincides with large holders moving stablecoins back into their exchange wallets.
The outflow represents the highest level of Bitcoin withdrawal from Binance’s reserves since mid‑2023. Whale accounts appear to be converting previously held stablecoins into deposits on the platform.
No additional figures, statements or predictions are provided by the source regarding timing beyond the September start date or the scale of future movements.
