That's right, we'll stay here 👈✊👌🍀🙌
Post
MT Lab Research
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BullishUnpopular opinion: I'm not withdrawing. My coins stay on Binance!
$4.65B left in the first 9.5 hours after reopening. Sounds scary, until you see the size: the net outflow was $3.64B, about 2.1% of Binance's $171B in assets.
The numbers from Binance (Nov 1, 06:00 to 15:30 UTC):
- Withdrawals: $4.649B
- Deposits: $1.01B
- Net outflow: ~$3.64B
- Share of $171B total assets: 2.1%
All 15 networks were open by 12:36 UTC. After the first spike, withdrawals are slowing down.
Why I stay:
1. Even after past hacks, Binance is still the top-tier CEX (centralized exchange) for me, and the custodial wallet I trust most. Nothing is 100% safe, though.
2. After seeing how the team handled this hack, my trust in them, especially @CZ and @Yi He , is still high.
3. I need a balance on Binance to keep earning Alpha Points (Binance's score for Alpha airdrops, partly based on your account balance).
4. Yi He also hinted that a community rewards campaign is coming soon.
This is my personal choice, not advice. If self-custody helps you sleep better, that's a fair answer too.
Your money, your call. Stay or withdraw?
#BinanceProcesses$4.65BWithdrawals
$BTC $BNB $ETH
$4.65B left in the first 9.5 hours after reopening. Sounds scary, until you see the size: the net outflow was $3.64B, about 2.1% of Binance's $171B in assets.
The numbers from Binance (Nov 1, 06:00 to 15:30 UTC):
- Withdrawals: $4.649B
- Deposits: $1.01B
- Net outflow: ~$3.64B
- Share of $171B total assets: 2.1%
All 15 networks were open by 12:36 UTC. After the first spike, withdrawals are slowing down.
Why I stay:
1. Even after past hacks, Binance is still the top-tier CEX (centralized exchange) for me, and the custodial wallet I trust most. Nothing is 100% safe, though.
2. After seeing how the team handled this hack, my trust in them, especially @CZ and @Yi He , is still high.
3. I need a balance on Binance to keep earning Alpha Points (Binance's score for Alpha airdrops, partly based on your account balance).
4. Yi He also hinted that a community rewards campaign is coming soon.
This is my personal choice, not advice. If self-custody helps you sleep better, that's a fair answer too.
Your money, your call. Stay or withdraw?
#BinanceProcesses$4.65BWithdrawals
$BTC $BNB $ETH
