📡 Binance Sees Heavy Net Outflows After Reopening
Binance recorded net outflows of $6.148B in 24 hours and $12.47B over 7 days on the DeFiLlama dashboard, even as it still holds $128.872B in tracked assets.
The context matters. Withdrawals reopened in phases after the $6.3B hack, and Binance says the first rush has since slowed. Binance also disputes the DeFiLlama figure, saying it misses flows to its new hot wallet, and puts its own net outflow at $3.64B in the first 9.5 hours.
Either way, the signal is clear. Trust is being tested in real time, not in statements. Outflows of this size are a vote, and the next days will show whether they stabilise or keep running. 👀
📌 Personal opinion, not financial advice. DYOR.
#Binance #Crypto #CryptoMarket
$BNBUSDT $BTCUSDT $ETHUSDT
Binance recorded net outflows of $6.148B in 24 hours and $12.47B over 7 days on the DeFiLlama dashboard, even as it still holds $128.872B in tracked assets.
The context matters. Withdrawals reopened in phases after the $6.3B hack, and Binance says the first rush has since slowed. Binance also disputes the DeFiLlama figure, saying it misses flows to its new hot wallet, and puts its own net outflow at $3.64B in the first 9.5 hours.
Either way, the signal is clear. Trust is being tested in real time, not in statements. Outflows of this size are a vote, and the next days will show whether they stabilise or keep running. 👀
📌 Personal opinion, not financial advice. DYOR.
#Binance #Crypto #CryptoMarket
$BNBUSDT $BTCUSDT $ETHUSDT
