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Binance Bitcoin Reserves Decline by 41,700 BTC Over Two Weeks

On-chain data shows exchange balances on Binance fell to 663,100 BTC between late September and early October as Bitcoin traded near $83,400.

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Bitcoin balances held in known Binance addresses decreased by 41,700 BTC between September 20 and October 5, 2026, according to blockchain data from CryptoQuant. The platform's total reserve dropped from roughly 704,800 BTC to approximately 663,100 BTC, representing a 5.9% reduction in its tracked Bitcoin holdings.

Despite the outflow, which market reports valued at up to $3.3 billion, the spot price did not rise. Bitcoin stood at around $83,400, or €74,500, on October 7, marking a 2.5% daily decline based on CoinGecko pricing.

Exchange reserve metrics aggregate coins across identified platform addresses but do not distinguish between customer withdrawals, collateral pledges, or internal wallet reorganisation by the custodian. As a result, reported balance declines do not automatically reflect direct spot buying or individual retail withdrawals.

How this piece reads Sell tone -3
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