Nansen: Binance is rapidly losing customer deposits
Nansen analysts report that about $3 billion has been withdrawn from Binance in the last 48 hours. User activity is associated with a “temporary suspension” of withdrawals in USDC stablecoins.
Cryptocurrency exchange Binance recorded a net outflow of client assets on Ethereum worth about $2 billion over the past 24 hours. According to the Nansen analytics platform, this is the highest daily withdrawal of funds from a cryptocurrency exchange since June.
The day before, CoinDesk reported that last Monday Binance recorded an outflow of funds in the amount of $902 million. Thus, in 2 calendar days, users of the Binance cryptocurrency exchange withdrew crypto assets worth about $3 billion.
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Withdrawals from Binance are on the rise due to growing uncertainty around its reserves report,” Nansen said in a report.
