💦💦Binance CEO Announces: “Confidence Grows, One of the Highest Levels of the Year”! 💦💦
Binance experienced a massive investment flow of $2.2 billion in the last 24 hours. These record-breaking inflows stand out as a remarkable development at a time when the market is showing signs of recovery.
Binance, the world's largest cryptocurrency exchange, generated a net investment flow of $2.2 billion in the last 24 hours. This data was obtained from DefiLlama's CEX Transparency metrics. This large flow is considered a remarkable development at a time when the economy is going through a difficult period and the market has recently faced a major sell-off. The liquidations experienced recently reached $1.2 billion.
Binance CEO Richard Teng stated that they experienced one of the highest investment flows this year and that investors have high confidence in the platform. He also added that the transaction volume that took place yesterday was one of the highest levels of the year. Teng said that he is currently in a very optimistic mood and believes that the prices of major tokens are starting to recover. “We are seeing a recovery in the prices of major tokens and the market is supporting it,” he said.
A closer look at the data shows impressive results. In the last 24 hours, Binance attracted a total investment of $2.2 billion, and the value of assets under management reached $99.91 billion. The spot trading volume was $27.62 billion. This net investment flow indicates a positive market trend that has also attracted the attention of the Binance CEO.
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