🚨 BREAKING: Binance Sees $4.65B Withdrawn on Reopening Day — No Bank Run as $BNB Edges Up
🔓 Binance processed $4.649B in withdrawals and $1.01B in deposits on Sunday, a net outflow of about $3.64B, after reopening all first-phase networks including Bitcoin, Ether, Solana, XRP and major stablecoins (per CoinDesk).
📊 Analysts call it an orderly exit rather than a run: $BTC held near $78K, $BNB rose about 1.7% on the day, and the Fear & Greed Index recovered to 37 from 30.
🧾 The next test is Binance's proof-of-reserves report, due Nov 3, which should show whether reserves match customer balances.
⚠️ Until that report is published, the $6.3B recovery figures are Binance's own numbers.
⚠️ Developing story. DYOR. Not financial advice.
#BNB #Binance #Bitcoin #CryptoNews
🔓 Binance processed $4.649B in withdrawals and $1.01B in deposits on Sunday, a net outflow of about $3.64B, after reopening all first-phase networks including Bitcoin, Ether, Solana, XRP and major stablecoins (per CoinDesk).
📊 Analysts call it an orderly exit rather than a run: $BTC held near $78K, $BNB rose about 1.7% on the day, and the Fear & Greed Index recovered to 37 from 30.
🧾 The next test is Binance's proof-of-reserves report, due Nov 3, which should show whether reserves match customer balances.
⚠️ Until that report is published, the $6.3B recovery figures are Binance's own numbers.
⚠️ Developing story. DYOR. Not financial advice.
#BNB #Binance #Bitcoin #CryptoNews
