HomeUncategorizedBinance exchange daily BTC withdrawals top $500M as CZ says ‘FUD helps us grow’ By Cointelegraph

Binance exchange daily BTC withdrawals top $500M as CZ says ‘FUD helps us grow’ By Cointelegraph

December 13, 2022

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© Reuters.

(BTC) withdrawals from largest crypto exchange Binance have passed $500 million in the past 24 hours as its CEO calls out “FUD.”

Data from on-chain monitoring resource Coinglass shows that Binance’s BTC balance decreased by over 30,000 BTC into Dec. 13.

Binance BTC balance vs. chart. Source: Coinglass
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
1-hour candle chart (Binance). Source: TradingView