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Author Topic: Binance exchange daily BTC withdrawals top $500M as CZ says ‘FUD helps us grow’  (Read 331 times)

Offline newshunter

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Binance exchange daily BTC withdrawals top $500M as CZ says ‘FUD helps us grow’

Bitcoin withdrawals surge as Binance recovers from a media storm and subsequently accusations of suspicious activity.


Source: Binance exchange daily BTC withdrawals top $500M as CZ says ‘FUD helps us grow’

Would appreciate your opinion about this

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Offline Heitor_55

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I don't know how FUD helps them grow, but taking out so much of money from the exchange, makes it a bit suspicious.

Offline Senin

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The collapse of the FTX exchange caused a decent panic in the cryptocurrency market and a short-term drop in the prices of almost all cryptocurrencies. In addition, negative information has appeared regarding the Binance exchange. Not surprisingly, many cryptocurrency holders on this exchange decided to play it safe and withdraw their bitcoins. After all, the price of bitcoin even now remains quite high. But this phenomenon is temporary. After a while everything will be back to normal.

Offline fatcatcoin

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about 13-14% has been taken out of binance in the last few days I think it could even be more since my data is one day old...  just a as a reminder with the current fractional reserve banking that happens in normal fiat banks such an exodus would kill fiat banks.
its quite hypocritical that we put crypto exchanges through this but don't demand the same from fiat banks.
and when the crypto exchanges fail we will get slapped with more regulation but where is the regulation for the fractional reserve banking industry??

lets do a bank run on fiat banks.
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