Changpeng Zhao – CEO of Binance – said clients had withdrawn approximately $1.14 billion worth of crypto today from the platform.Zhao stated on Twitter that the recent withdrawal requests are not a black swan event, reminding that Binance has processed such an amount of transactions before, as also seen on the following chart by Nansen.
We saw some withdrawals today . We have seen this before. Some days we have net withdrawals; some days we have net deposits. Business as usual for us.1/2
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