Data: Binance weekly net outflow of $1.23 billion, ETH withdrawal transactions hit a three-year high

According to Cointelegraph, data from DefiLlama shows that Binance experienced a net outflow of $1.23 billion in the week starting June 29, an increase of 207% compared to the previous week's outflow of about $400 million, with a total monthly net outflow of approximately $3.2 billion. CryptoQuant reported that the number of ETH withdrawal transactions from Binance exceeded 166,000 in a single day, reaching the highest level in over three years.

During the same period, ETH rose approximately 12.5% over the past seven days, trading at $1,766 at the time of writing; BTC increased by 4.3% during the same period, trading at $62,925 at the time of writing. DefiLlama data shows that Bitfinex had an outflow of $407.5 million in the past week, Gate had an outflow of $214.3 million, OKX had an outflow of $87.1 million, and Bybit had an outflow of $78.4 million; Crypto.com and HashKey Exchange saw net inflows of approximately $63 million and $53.3 million, respectively, while KuCoin, Gemini, and Bitvavo had net inflows of $22.1 million, $17.4 million, and $15.8 million, respectively.