Binance’s USDT outflow sets October’s hourly high at 49.9571 million

A net Binance USDT outflow of 49.9571 million in a single hour set the exchange’s largest hourly total for October. The Tether movement exceeded the previous monthly high by more than 3 million USDT, surpassing two earlier outflows recorded in October. Binance’s USDT outflow tops earlier October totals The previous hourly high stood at 46.7223 million USDT on October 16. The latest figure also exceeded the 32.7362 million USDT outflow recorded on October 18, placing it above both earlier readings. The record Binance USDT outflow was reported alongside a broadly negative cryptocurrency market snapshot.