Binance users pull nearly $3.8 billion in 10 hours after exchange reopens
AI summary
Binance saw nearly $3.8 billion in withdrawals within 10 hours of reopening, a scale of outflow that signals deep user distrust after the exchange's disruption. Traders read such runs as a liquidity and counterparty-risk warning, and the episode reinforces calls for stronger security and transparency at major venues. Sustained outflows from the largest exchange can pressure BNB and weigh on broader crypto confidence.
