Binance, the world’s largest cryptocurrency exchange, is facing mounting rumors on social media that funds are flowing out of it at unprecedented rates.
“Get your funds off of Binance. -$17bn of withdrawals in the last 7 days. There is a risk they will become insolvent, and you won’t be able to get your money out. Withdraw now or cry later,” wrote a popular crypto analyst on X. Although the figures range from $10 billion to $17 billion, many others reiterated this opinion.
The exchange was quick to respond, saying that data from third-party sources shows discrepancies and that it is to be “restored.”
Thank you everyone for your concern about Binance. The data cited by Coinglass comes from third-party sources, and DefiLlama previously showed discrepancies. It will take another 24 to 48 hours for their data to be restored.”
Moreover, Binance said that they believe that “regularly conducting withdrawal tests on all trading platforms is a positive and healthy practice. Wh
We współpracy z: https://cryptopotato.com/binance-refutes-huge-outflows-allegations-says-data-is-misreported/
