Posted By- Admin
17 Dec, 2021
Binance Sees Over $3 Billion in Customer Withdrawals in 24 Hours – Here’s What’s Happening
Binance, the world's largest cryptocurrency exchange, has seen more than $3 billion of net withdrawals over the past day as rumors about alleged problems at the platform continue to spread like wildfire. According to DeFi TVL aggregator DefiLlama, Binance saw over $4 billion in withdrawals on Tuesday. Prior to that, the exchange saw $1 billion in withdrawals on Monday and Tuesday. As of now, Binance has around $60 billion worth of assets on its exchange. A separate tweet from blockchain analytics firm Nansen revealed that Binance had seen $8.7 billion of outflows and only $5.1 billion of inflows over the past week, leaving the exchange with more than $3.6 billion of net withdrawals.
