The supply of Binance USD (BUSD) on the Ethereum network (ERC-20) has dropped close to 20% in the last 24 hours.
Blockchain analytics platform According to data released by ChainEye Ethereum (ETH) The supply of BUSD on the network is over. 24 per hour 3 billion about a dollar 17.9% experiencing a decline 13.95 billion fell to the dollar. Analysts came out about this drop on Binance. from FUD news suggested that it may be due to
Frequency of FUDs about Binance after FTX’ bankruptcy ever increasing observed. There was a wave of withdrawals in Binance due to the news published by Reuters on December 12 that US prosecutors were divided and could file a lawsuit against Binance or the company’s CEO Changpeng Zhao at any moment.
CEO Changpeng Zhao, on the other hand, recently stated that this exit is among other exits. to the worst top 5 fund releases to investors and employees by stating that not to worry He said it should..