$736M Net Outflow From Binance In 1 Day After CFTC Litigation

The world’s largest cryptocurrency exchange, Binance, saw a net outflow of $ 736 million after the lawsuit filed by the US Futures and Exchange Commission (CFTC).

According to Watchers Pro data CFTC after the lawsuit filed by Binance happening on clear output, 736 million dollars reached. Binance in the last 24 hours $861 million entry while seeing 1 billion 598 million dollars output lived.

This, December 13 on Binance CEO Changpeng Zhao (CZ) The events that have taken place since the debut following the news that a lawsuit could be filed against him. largest net output it happened.

With this Binance USD (BUSD) in particular Net output of $185 million it happened. Some prominent analysts say the reason behind this exit is Binance’s withdrawal from BUSD regardless of the lawsuit. TrueUSD (TUSD) or USDC Coin (USDC) He suggested that it may have been due to the preparation of the transition to an alternative stablecoin such as

The increasing pressure on Binance by US regulatory agencies in recent days continues to shake users’ confidence in the industry.

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