🚨 $BTC HOLDERS JUST PULLED 4.65 BILLION USD OUT OF BINANCE IN 9.5 HOURS — BUT THE PRICE BARELY MOVED. 👀
Binance reopened withdrawals on Sunday after the 6.3 billion USD hack, and the first-day flow numbers are now in.
Here's what the data shows:
📉 4.65 billion USD left in the first 9.5 hours, against 1.01 billion USD in deposits — a net outflow of 3.64 billion USD.
💧 That net outflow is only 2.1% of Binance's 171 billion USD in assets, and all 15 first-phase networks were live within 7 hours.
📊 $BTC still held near 77,850 USD, up about 0.3% on the day, while $ETH traded near 2,259 USD and $BNB held near 710 USD.
The lesson is simple: a big withdrawal wave is not the same as a sell-off, especially when deposits keep flowing back in.
The next checkpoint lands today, with Binance's updated proof-of-reserves report due — plus US midterms on Tuesday and the jobs report on Friday.
Did the reopening calm your nerves, or are you still waiting for that proof-of-reserves report? 👇
Not financial advice — educational purposes only.
#BinanceProcesses$4.65BWithdrawals #Bitcoin #crypto #TradingTips
Binance reopened withdrawals on Sunday after the 6.3 billion USD hack, and the first-day flow numbers are now in.
Here's what the data shows:
📉 4.65 billion USD left in the first 9.5 hours, against 1.01 billion USD in deposits — a net outflow of 3.64 billion USD.
💧 That net outflow is only 2.1% of Binance's 171 billion USD in assets, and all 15 first-phase networks were live within 7 hours.
📊 $BTC still held near 77,850 USD, up about 0.3% on the day, while $ETH traded near 2,259 USD and $BNB held near 710 USD.
The lesson is simple: a big withdrawal wave is not the same as a sell-off, especially when deposits keep flowing back in.
The next checkpoint lands today, with Binance's updated proof-of-reserves report due — plus US midterms on Tuesday and the jobs report on Friday.
Did the reopening calm your nerves, or are you still waiting for that proof-of-reserves report? 👇
Not financial advice — educational purposes only.
#BinanceProcesses$4.65BWithdrawals #Bitcoin #crypto #TradingTips
