Binance BTC reserves drop over 51K as investors move funds off-exchange
May 05, 2025, 1:04 PM
Binance's Bitcoin (BTC) reserves have fallen by more than 51,000 BTC since mid-April 2025, dropping from around 595,000 to 544,500, according to CryptoQuant contributor Amr Taha. The decline is likely driven by institutional and long-term holders moving assets to cold wallets, rising interest in DeFi and arbitrage, and expectations of price gains fueled by spot ETF inflows. This trend may signal tightening supply and shifting investor sentiment.
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