Binance sees $4.54 billion net outflow as tracked rivals gain $564 million
AI summary
Binance recorded a $4.54 billion net outflow while 10 large tracked rival exchanges collectively gained $564 million, with OKX leading the inflows. The data points to capital rotating toward competitors, though exchange-wide net flows do not show how much of Binance's outflow went into self-custody. Traders watch exchange flows as a gauge of confidence in centralized platforms and of where liquidity is migrating.
