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Binance Logs 49.9571 Million Tether USDt (USDT) Net Outflow in One Hour

The amount exceeds two earlier hourly net outflows: 46.7223 million USDT on Oct. 16 and 32.7362 million USDT on Oct. 18.

By Enna Lee
Published
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Green liquid drains through a glass hourglass beside a brass channel / TokenPost.ai
Green liquid drains through a glass hourglass beside a brass channel / TokenPost.ai

Binance recorded a 49.9571 million Tether USDt (USDT) net outflow during a one-hour window, a larger reading than two earlier hourly outflows on the exchange this month.

The amount exceeded the 46.7223 million USDT outflow recorded on Oct. 16 by 3.2348 million USDT. It was 17.2209 million USDT above the 32.7362 million USDT reading on Oct. 18.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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