Binance recorded its largest weekly crypto outflows in nearly three years as investors withdrew billions of dollars in digital assets ahead of the European Unions Markets in Crypto-Assets (MiCA) deadline. The surge in withdrawals has fueled debate over whether users are reacting to regulatory changes or accumulating Ethereum for long-term holding. According to DefiLlama, Binance experienced approximately $1.23 billion in net outflows during the week that began on June 29, representing a 207% increase from roughly $400 million recorded the previous week. Monthly net outflows also climbed to… Read more
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