Binance USDT Experiences Outflow Record in October, With Nearly 50 Million Coins Withdrawn in a Single Hour
The Cryptonomist
1h ago
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On Binance, the net outflow of USDT in a single hour reached 49.9571 million coins, setting a new record for the highest hourly outflow on the exchange in October, surpassing the previous highs on October 16th and October 18th. The report also stated that in the market snapshot on October 24th, among the 50 assets tracked by Pluang, only 3 assets rose in value, while 46 fell.
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Binance experienced a net outflow of 49.9571 million coins in a single hour, setting a new record for the highest hourly outflow amount for the exchange in October. This time, the capital flow Tether exceeded the previous high points within the month by over 3 million coins USDT, and also surpassed the other two outflows recorded earlier in October.

Binance’s USDT volume exceeds the levels seen earlier in October

The previous hourly high was recorded on October 16th, at 46.7223 million USDT. The latest data also exceeds the 32.7362 million USDT that were circulated on October 18th, surpassing both of those earlier figures.

This record-breaking outflow of Binance’s USDT coincided with a generally weak performance in the cryptocurrency market. According to reports, as of 23:21 on October 24, 2026 ( WIB ), among the 50 assets tracked by Pluang for which quotes are available, only 3 assets saw increases, while 46 assets experienced declines.

Among the rising assets, EOS stood out with a gain of 8.13%, reaching 12,649 Indonesian rupia. VET and DOT showed the opposite trend, with both experiencing a decline of around 8% in that snapshot.

VET fell by 8.02% to 122 Indonesian rupia. Order data shows a clear imbalance in the selling side: sell orders accounted for 88% of the total.

DOT fell by 8.00% to 18,678 Indonesian rupia, but its order distribution is different from that of VET. Although the percentage of price decline is similar, buy orders and sell orders each account for nearly half.

This article was completed with the assistance of artificial intelligence and has been reviewed by an editorial team.

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