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Binance hot wallets see $2 billion outflow to Tornado Cash-funded address

Binance hot wallets see $2 billion outflow to Tornado Cash-funded address
AI summary

Over $2 billion reportedly moved out of Binance hot wallets to an address funded through Tornado Cash, raising questions about whether customer funds are safe. The report is based on on-chain data rather than a confirmed exchange breach. Traders would watch BNB and exchange flows closely, since a large unexplained outflow from the largest exchange is a confidence risk until Binance explains it.

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