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Users Are Massively Withdrawing Assets from Binance: Media

Users Are Massively Withdrawing Assets from Binance: Media

Crypto exchange Binance has experienced a significant outflow of assets. For example, over the past two months, it has lost about $12 billion, according to Forbes.

The analysts of Nansen announced on December 13 a $3 billion withdrawal from the exchange over a seven-day period. At that time, this was 4% of the total balance of the exchange.

The article says:

“The Forbes investigation found that, in fact, Binance lost 15% of its assets after Changpeng Zhao posted on Twitter on the same day that he downplayed the withdrawal of funds from the Nansen report.”

Journalists have noted that since November, the net assets of the platform have fallen by 24%, and investments in MATIC, APE and GALA tokens have decreased on the exchange by 40-50%.