Binance sees $6 billion outflows after withdrawals resume, under 4% of holdings
AI summary
Binance recorded $6 billion in outflows after resuming withdrawals following a 45-hour freeze triggered by a $6.3 billion theft. The exchange says the withdrawals amount to less than 4% of total holdings, while rival exchanges are attracting deposits as customers regain access to their funds. Traders will watch whether the outflow accelerates into a broader confidence crisis for BNB and centralized exchange tokens.
