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Binance sees record Bitcoin outflow as U.S. funds attract money

On Tuesday, 9,000 BTC of Bitcoin left Binance, a cryptocurrency exchange, setting a multimonth record for its daily net outflow, while U.S. funds that directly hold Bitcoin took in money. Together, the flows point to strong market activity around Bitcoin.
Binance set a multimonth record for daily net outflows of Bitcoin on Tuesday, with 9,000 BTC leaving the exchange. At the same time, spot Bitcoin exchange-traded funds (ETFs) in the United States recorded positive inflows. The trend suggests strong market activity around Bitcoin.

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