Live news
Live updates: Binance records $6 billion outflows after starting withdrawals, less then 4% of total holdings
Published Source: CoinDeskRead original
Crypto Insight Summary: The outflows followed a 45-hour withdrawal freeze after a $6.3 billion theft, with rival exchanges attracting deposits as customers regained access to their funds. Crypto Insight Analysis: Direction: Bearish BNB Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Binance outflows may pressure liquidity and sentiment, but withdrawals were below 4% of holdings, limiting systemic risk.