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Binance BTC outflows remain stable as users avoid panic selling amid asset freeze concerns.

Binance BTC outflows remain stable as users avoid panic selling amid asset freeze concerns.

Bitcoin holders have remained stable despite the recent legal battles faced by cryptocurrency exchanges Binance and Coinbase. On-chain data shows that investors have not panicked and have largely ignored the news, with losses remaining quiet. The situation stands in stark contrast to the events that followed the implosion of exchange FTX in late 2022, which sparked $145 billion in realized losses. Exchange balances also indicate a similar lack of desire among users to remove their funds from hot wallets.