Binance logged 166,000 ETH withdrawal transactions in a day, a 3-year high, as Riot Platforms moved 500 BTC worth $30.72M to NYDIG custody.

Riot Platforms deposited 500 BTC worth $29.48M into NYDIG Custody, continuing monthly transfers as the miner sells reserves to fund its AI pivot.

Binance processed over 166,000 ETH withdrawals on July 1, the highest in three years. More than 3 million ETH have left the exchange since May.

Binance logged 166,000 ETH withdrawal transactions in a day, a 3-year high, as Riot Platforms moved 500 BTC worth $30.72M to NYDIG custody.

Binance posts $1.23 billion in weekly outflows, up 207% from about $400 million the previous week, while CryptoQuant reports ETH withdrawals hit a three-year high amid a price…