Binance Stress Test Update
When network withdrawals were re-enabled across major chains (BTC, ETH, SOL, BNB, XRP), initial withdrawal volume spiked to $4.65B before stabilizing. With over $1B in incoming deposits during the same window, net outflows reached $3.64B.
Real-time proof of reserves and liquidity management are more critical than ever in times like this.
#BinanceProcesses$4.65BWithdrawals #BinanceSquareFamily #CryptoMarketMoves
When network withdrawals were re-enabled across major chains (BTC, ETH, SOL, BNB, XRP), initial withdrawal volume spiked to $4.65B before stabilizing. With over $1B in incoming deposits during the same window, net outflows reached $3.64B.
Real-time proof of reserves and liquidity management are more critical than ever in times like this.
#BinanceProcesses$4.65BWithdrawals #BinanceSquareFamily #CryptoMarketMoves