Binance saw net outflows of $3.64 billion on the first day it opened withdrawals yesterday, just 2.1% of its total assets under management
The Binance platform processed $4.649 billion in withdrawals and $1.01 billion in deposits, resulting in net outflows of about $3.64 billion
I’ve seen a lot of exchanges competing for big clients, but there’s really no need
No exchange can match Binance’s liquidity
The big clients you spend a fortune trying to poach will probably be back on Binance a month later
The Binance platform processed $4.649 billion in withdrawals and $1.01 billion in deposits, resulting in net outflows of about $3.64 billion
I’ve seen a lot of exchanges competing for big clients, but there’s really no need
No exchange can match Binance’s liquidity
The big clients you spend a fortune trying to poach will probably be back on Binance a month later
