Does Binance Average Price still include BTC that was withdrawn to a hardware wallet?

I've by no means bought any Bitcoin on Binance. I've only bought BTC over time and transferred it to my hardware pockets.

Nevertheless, the typical worth shown by Binance doesn't appear to match what I consider my historic average buy worth must be.

Does Binance's "Common Worth" calculation nonetheless embrace BTC that was purchased on Binance however later withdrawn to an external pockets? Or is it only based mostly on the BTC presently held in the Binance account?

I'd recognize if anybody knows precisely how Binance calculates this.