via Cointelegraph · By Cointelegraph Staff
Binance Sees $1.23B Outflows as ETH Withdrawals Surge
ETH/USDT
$8,003,794,770.76
$1,807.65 / $1,748.79
Change: $58.86 (3.37%)
+0.0020%
Longs pay
Binance, the world’s largest crypto exchange by trading volumes, recorded a sharp surge in weekly outflows as Ethereum withdrawal activity climbed to a multi-year high.
According to DefiLlama data viewed by Cointelegraph on Sunday, Binance saw $1.23 billion in net outflows during the week beginning June 29, a 207% increase from roughly $400 million the week prior, while monthly net outflows…
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