Crypto’s largest exchange logged more than 166,000 ether withdrawal transactions in a single day, a three-year record, just as bitcoin miner Riot Platforms moved 500 BTC worth $30.72 million into NYDIG custody.
Key Takeaways:
Binance logged 166,000-plus ETH withdrawal transactions in one day, a 3-year high, per CryptoQuant’s Darkfost.Riot Platforms moved 500 BTC ($30.72M) to NYDIG custody, echoing a pattern that preceded 2026 sales.Binance’s netflow stayed positive at 12,938 ETH, a caution sign analysts say keeps selling risk on the table.Fellow CryptoQuant analyst PelinayPA offered a more cautious reading, noting that positive netflow suggests “selling risk because coins on exchanges are easier to sell.” In other words, a crowd of small holders may be withdrawing while fewer, larger players position inventory to sell.
Riot’s Familiar Move Toward the Exit
