Binance Records 59.6402 Million USDT Net Outflow in One Hour

Binance recorded a net outflow of 59.6402 million Tether USDt (USDT) over one hour on Oct. 20, exceeding separate one-hour readings from earlier in the month. A net outflow is the difference between the amount leaving an exchange and the amount entering it during the measured period. The 59.6402 million USDT figure is therefore not a gross withdrawal total. The latest reading was higher than the 32.7362 million USDT net outflow recorded over one hour on Oct. 18 . Another one-hour reading on Oct. 16 showed a net outflow of 46.7223 million USDT. Each figure covers a separate hour.

Source: TokenPost