FudPanic

Back to the feed

$8.8B left Binance wallets since withdrawals reopened, down 7% from $134.7B | AI comment

unfolded BTC Bearish

Roughly $8.8 billion has left Binance wallets since withdrawals reopened, a 7% drop from the $134.7 billion held before. The outflow follows the exchange's recent hack and reflects users pulling funds off the platform. Traders may read the continued withdrawals as a sign of lingering confidence concerns at the largest exchange.

Read the full story on unfolded