Binance Swings to $2.3 Billion Net Inflow After More Than $7 Billion Net Outflow
Photo: TokenPost
Binance's net flows turned positive, with a net inflow of $2.3 billion over 24 hours. That reversed Monday's net outflow of more than $7 billion and marked a sharp shift after a security incident at the crypto platform. The 24-hour totals put Binance ahead of other exchanges in net inflows: Bitfinex recorded about $280 million and Bitget about $127 million. Binance said hourly deposits again exceeded withdrawals by 3 a.m. UTC Tuesday (10 p.m. ET Monday), indicating that the flow imbalance had eased. Binance halted withdrawals Friday for security checks and began restoring them in stages Sunday.
Also reported by The Defiant.
Source: TokenPost
