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Binance Reports $11 Billion Withdrawn in 46 Hours During Major Outflow Event

(1 hour ago) · 1 source · Summarized by CryptoBipto

Binance disclosed that users withdrew $11 billion from the exchange over a 46-hour period. Former CEO Changpeng Zhao stated that few of the withdrawn funds moved to competing exchanges. The scale of the withdrawals drew significant attention across the crypto industry.

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SOURCES

  • cryptoslate.com

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