Binance hit by outflows of $780 million in last 24 hours

Padyonline

June 7, 2023
1 min read

A day after the world’s largest cryptocurrency exchange was sued by the U.S. Securities and Exchange Commission, data firm Nansen said on Tuesday that investors had withdrew almost $780 million from Binance in the previous 24 hours.

Netflow to Binance over the past 24 hours is $778.6M negative on Ethereum – $871.7M in and $1.65B out

Over the past hour, netflow on Ethereum continues to be negative at $35.7M on Ethereum – $14.8M in and $50.5M out

Track it here https://t.co/nwTgpXWhZY and filter for "Binance" pic.twitter.com/jnNAN0QKVy
— Nansen 🧭 (@nansen_ai) June 6, 2023

Binance’s U.S. affiliate exchange registered net outflows of $13 million in the same period, Nansen said. Neither Binance nor Binance.US immediately responded to a request for comment.

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Binance hit by outflows of $780 million in last 24 hours

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