Binance outflows and hacker activity
Heavy capital flight from Binance since withdrawals reopened ($5.1B in 24h, $14B in a week), while the Binance hacker moved $4M to Binance deposit addresses.
What we know
An account on X says $5.1B left Binance in 24 hours versus just $507M absorbed by the next 9 exchanges. Another account on X says the hacker deposited $4M into three Binance addresses, likely nested services.
How the story developed
Heavy capital flight from Binance since withdrawals reopened ($5.1B in 24h, $14B in a week), while the Binance hacker moved $4M to Binance deposit addresses.
Binance reports $4.7B of net outflows since Sunday, while crypto traders discuss bottoms and dip-buying. Sentiment looks cautious.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.