Binance Vs SEC: On-Chain Data Shows Withdrawals Worth $623 Million From Binance
The crypto exchange saw withdrawal levels not seen since the banking crisis in March this year. However, these figures remain within historical normal levels. Binance has witnessed as much as $1 billion in negative netflows in the same period amid various FUDs and bank run rumors. advertisement Blockchain Analysis firm Nansen reported that netflow to Binance turned positive this morning on ethereum. As the exchange witnessed around $75 million positive netflow within a few hours. BNB down 8% since SEC lawsuit At the time of writing, Binance’s native token BNB is trading at $277, down nearly 8% in the last 24 hrs, as per CoinMarketCap data. Bitcoin and Ethereum are also down nearly 4% and 3%, respectively. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...