Binance users pull more than $1 billion from the exchange after CEO leaves, pleads guilty
Outflows from Binance
have amounted to more than $1 billion in the past 24 hours, not including bitcoin, according to data from blockchain ******* ysis firm Nansen, after founder and CEO Changpeng Zhao stepped down and pleaded guilty Tuesday in a deal with the Department of Justice.
Meanwhile, liquidity has dropped 25% over the same time frame as market makers pull back their positions, according to data provider Kaiko.
Outflows from Binance
have amounted to more than $1 billion in the past 24 hours, not including bitcoin, according to data from blockchain ******* ysis firm Nansen, after founder and CEO Changpeng Zhao stepped down and pleaded guilty Tuesday in a deal with the Department of Justice.
Meanwhile, liquidity has dropped 25% over the same time frame as market makers pull back their positions, according to data provider Kaiko.
1 yr. ago
