Bitcoin

MN Coin

Last night was a big breakout day for Binance, Binance CEO Cz, and the cryptocurrency industry. While CZ, who had been the CEO of Binance for a long time, resigned from his position due to accusations in the USA, an agreement was signed between Binance and the USA.
Related News: <a href="https://en.bitcoinsistemi.com/here-are-all-the-terms-of-the-deal-binance-and-its-former-ceo-changpeng-zhao-cz-agreed-to/" target="_blank" rel="noopener noreferrer nofollow">Here Are All The Terms Of The Deal Binance And Its Former CEO Changpeng Zhao (CZ) Agreed To</a>
During all this noise, investors also experienced uneasiness. While investors were trying to predict how Bitcoin would react to this agreement, they were also faced with the dilemma of whether to continue using Binance or not.
With 150 million users worldwide, Binance is the largest cryptocurrency exchange. Cz's contribution to Binance's growth is an indisputable fact. Many investors used Binance and kept their assets on this exchange because they found Cz reliable. Cz's handover of duty made investors who identified Binance with Cz and therefore trusted Binance a little uneasy.
However, when we look at the outflows in the last 24 hours, we see that this anxiety remains limited and there is no serious money outflow from Binance.
According to DeFiLlama's data, while there was an outflow of $1.16 billion from Binance in the last 24 hours, there was an inflow of money into some central exchanges.
During the hours when there was an outflow of 1.16 billion dollars from Binance, there was a fund inflow of 97 million dollars to OKX, 44 million dollars to Bybit, 60 million dollars to Kraken, and 25 million dollars to Crypto.com.
<img fetchpriority="high" decoding="async" class="alignnone size-full wp-image-127436" src="https://www.bitcoinsistemi.com/wp-content/uploads/2023/11/Binance-fon-cikisi.png" alt="" width="545" height="509">
 Continue Reading: <a href="https://en.bitcoinsistemi.com/how-much-money-outflowed-from-binance-after-us-sanctions-which-bitcoin-exchanges-did-the-money-go-to/" rel="noopener noreferrer nofollow">How Much Money Outflowed from Binance After US Sanctions? Which Bitcoin Exchanges Did the Money Go to?</a>

How Much Money Outflowed from Binance After US Sanctions? Which Bitcoin Exchanges Did the Money Go to?

Bitcoin Sistemi EN

Other articles published on Nov 22, 2023

Binance’s new chapter begins with hefty fines and compliance commitments

Justin Sun Confirms HTX, Heco Chain Exploited After About $100M in Suspicious Transfers

Alchemy Pay Joins Forces with Internet Computer for Enhanced Blockchain Integration

1 out of 3 Cardano holders are in profit

All about Genesis and Gemini's $689 mln legal blitz

‘Wolf of Wall Street’ says bear market is best time to invest in crypto

Join our free newsletter for daily crypto updates!