Binance Depositors Flee Following CFTC Charges, On-Chain Data Shows

In the last 24 hours, Binance has seen a net outflow of $400 million on Ethereum, according to blockchain analytics firm Nansen. This compares to a net flow of $2 billion over the past seven days. Savvy traders who Nansen considers “smart money” operators have also removed $9 million over the last 24 hours from Binance as of presstime.

The on-chain movements highlight crypto trader skittishness in an uncertain regulatory environment. Although Binance has not made moves to close its doors, even the prospect of something going amiss at the world’s largest crypto exchange by volume appears to be causing depositors to flee.of the Binance USD stablecoin, on Monday burned more than $155 million of BUSD in the past four hours, another example of investor flight.

CRO🫡🍻🇯🇵

This is pumping XRP the closest crypto currency to the banks! Coincident?

4 years in prison

Binance is best.

You are share a fake news

Idiots

FAKE NEWS!!!

Put it in cold storage. Problem solved... SecuXwallet kryptoclass

400M and not a single transaction issue nor need of a bailout... We are having more lessons learned than what we see in the surface

panic sellers will buy back higher

_screenshoter all dark asap

‼️ 4 at it's peak is exacerbate ‼️

This is absolutely impactful and dishonest FUD These kinds of cases should NOT be publicly claimed until far more progressed This is a shame that such a public lynching is pushed forward This is disgusting for all depositors, investors and builders We will not support such…

I'm sorry to those who are afraid and panic, they want you to sell, please calm down. '4' 😎

Why is Paxos killing busd

Criminal charges almost always come after sec or cftc civil charges

Buy commodity $LTC

Can't believe it's been a year since we met her

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