TechThe Block1h ago
Binance says net outflows were $3.64B, or 2.1% of assets, in the 9.5
Binance says net outflows were $3.64B, or 2.1% of assets, in the 9.5 hours after it began restoring withdrawals; DefiLlama puts 24-hour net outflows at $4.05B
TL;DRBinance lost $3.64B in withdrawals over 9.5 hours after resuming them.
Why it matters: Shows whether users trust Binance after recent regulatory scrutiny and operational issues.
The exchange said the outflows equal 2.1% of its assets and that withdrawal volumes have eased after an initial spike.
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