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Binance sees $2B outflows in a week as retail crypto buying drops to historic lows

Market News
02 Jul 2026
Coindesk
View Source
Bearish
pluang ai news

Binance experienced over $2 billion in net outflows in the past week, signaling weakening retail participation in crypto trading. Data shows daily Bitcoin inflows under 1 BTC on Binance have dropped to an average of 329 BTC, the lowest ever, compared to peaks of 2,690 BTC in 2021 and 3,700 BTC in 2018. Despite this, Binance remains the largest crypto exchange by volume. The exchange also faces regulatory challenges in Europe after missing the July 1 deadline to get authorization under the MiCA framework, leading to withdrawal of its application in Greece but affirming continued commitment to the region.

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Bitcoin rebounds above $60,700 as Fed comments ease inflation fears; Solana leads crypto gains.

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Bitcoin rebounds above $60,000 as Fed's Warsh signals easing inflation risks, boosting crypto market.

Bitcoin rebounds above $60,000 as Fed's Warsh signals easing inflation risks, boosting crypto market.

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Solana's staked market cap jumps 13.78%, solidifying its spot as second-largest staking network behind Ethereum.

Solana's staked market cap jumps 13.78%, solidifying its spot as second-largest staking network behind Ethereum.

Solana's staked market capitalization rose sharply by 13.78% to $32.87 billion, reinforcing its position as the second-largest staking network after Ethereum, which remains the largest with $64.14 billion but saw a slight decline. This growth highlig...

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BlackRock unlikely to rescue altcoins as most trade below key averages amid market skepticism

BlackRock unlikely to rescue altcoins as most trade below key averages amid market skepticism

Speculation that BlackRock might support the altcoin market has been dismissed by experts who say institutional investors see most altcoins as mere fundraising tools, not valuable assets. The market remains weak, with about 84% of altcoins on Binance...

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