Blockchain

Binance Posts $4.54 Billion Net Outflow as Tracked Rivals Gain $564 Million

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 01/11/2026, 21:42:24 UTC.

Briefings

In November 2026, Binance posted a net outflow of $4.54 billion while tracked competitors gained $564 million. OKX was the only exchange among 10 tracked rivals to post gains, yet exchange-wide net flows do not reveal how much Binance customers moved into self-custody. The article is a preprint from The Defiant.

Key points

• OKX was the only exchange among 10 tracked rivals to post gains in November 2026.
• Exchange-wide net flows do not reveal how much Binance customers moved into self-custody.

Context

This finding highlights a discrepancy between exchange-level performance and total customer migration patterns, suggesting significant self-custody despite overall outflows.

Limitations

Evidence is limited to 10 tracked rivals; exchange-wide net flows do not reveal how much Binance customers moved into self-custody. The article is a preprint from The Defiant.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 01/11/2026, 21:43:30 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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