Brothers, you'll be shocked when you read this! 😳
Binance founder Changpeng Zhao (CZ) shared some interesting numbers on Sunday, November 1, after withdrawals reopened.
According to CZ, Binance experienced a net outflow of just 2.1% of its total assets, with most withdrawals happening in the first few hours.
Here are the numbers:
Total withdrawals: $4.65 billion
Total deposits: $1.01 billion
Net outflow: $3.64 billion
Binance's total assets: $171 billion
Binance also received more than $1 billion in new deposits during this period.
CZ shared a powerful message:
"Trust isn't earned by what you say in good times. It's earned by what you do in hard times." 🤝
What do you think, brothers? ❤️
$BNB #BinanceToResumePhaseOneOfWithdrawals #BinanceUpdatesProofofReservesAddresses #BinanceIsTheBestExchange