A post by @WatcherGuru on X.
JUST IN: Over $3,750,000,000 withdrawn from Binance in 10 hours following the exchange resuming with…
@WatcherGuru on X
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Over $3.75 billion was withdrawn from Binance within 10 hours after the exchange resumed withdrawals, according to a tweet from crypto news outlet Watcher.Guru. The outflows followed Binance's temporary pause on withdrawals, which had raised liquidity concerns among traders. The scale of the withdrawals underscores heightened sensitivity around exchange solvency in the wake of the FTX collapse, with users moving funds to self-custody wallets. Binance, the world's largest crypto exchange by trading volume, has not disclosed the specific tokens or chains involved in the outflows. Market participants will be watching whether Binance maintains normal withdrawal processing and whether outflows accelerate or stabilize in the coming days.
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