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Crypto

Bitcoin's Largest Decline After Binance Outflow Reaches 5.7%, Considered Moderate in Historical Context: CryptoQuant

2026/11/06 19:33(Updated 2026/11/06 13:00)

CoinPost

Written by A.Yamada

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Bitcoin's Largest Decline After Binance Outflow Reaches 5.7%, Considered Moderate in Historical Context: CryptoQuant

Situation Following Massive Outflow from Binance

On the 4th, CryptoQuant, a cryptocurrency analysis firm, released its weekly market report. The report analyzes the capital flow and price trends following the massive hack of Binance on October 29.

CryptoQuant's baseline scenario predicts that as the impact of the Binance hack subsides, Bitcoin (BTC) will maintain levels between $76,000 and $78,000, although it briefly dipped to $76,300...

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