Bitcoin reserves on Binance have dropped to about 619,000 $BTC, their lowest level since October 2025, according to CryptoQuant analyst Arab Chain.
The decline points to continued Bitcoin outflows from the exchange after reserves climbed sharply earlier this year.
In February 2026, Binance’s Bitcoin reserves rose to nearly 670,000 $BTC, their highest level since 2024. That increase came during a strong market rally and suggested that more investors were moving coins to exchanges, often to sell or lock in profits as prices moved higher.
Investor behavior shifts toward holding
Since the February peak, reserves have moved lower in a steady trend. The change suggests that investors have shifted from exchange deposits to withdrawals and off-exchange storage. This type of movement usually shows that holders are choosing to keep Bitcoin rather than sell it at current prices.
The decline in reserves has happened while Bitcoin has seen sharp price swings. Even with that volatility, fewer coins remain on Binance. The data points to stronger holding behavior as traders move assets into cold storage or other long-term custody options.
At the same time, spot Bitcoin ETFs posted strong accumulation last week. Data showed ETF holdings rose from 1.3141 million $BTC on Monday to 1.3397 million $BTC by Friday. That means the funds added 25,600 $BTC over five trading days.
The latest increase brought ETF balances close to levels last seen in November. It also marked one of the strongest weekly additions in recent months. The combined trend of lower Binance reserves and rising ETF balances suggests that Bitcoin supply is moving away from exchanges and into longer-term investment vehicles.
Bitcoin price stays volatile amid geopolitical pressure
Bitcoin price action remained unstable over the weekend. The asset rose above $78,300 late Friday, its highest level since early February, before falling back to the $75,000 to $76,000 range. The retreat followed renewed tension tied to the US military seizure of an Iranian cargo ship and rising concern over oil routes in the Strait of Hormuz.
Late Sunday, Bitcoin briefly dropped below $74,000 as the market reacted to the latest developments between the US and Iran. The two-week ceasefire that had helped calm markets is due to end on Wednesday.
At press time, Bitcoin traded near $74,800, down slightly over 24 hours but still up 5% over the past week.
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