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Binance Net Outflows Fall to $3.25 Billion as Flows Improve

Picture: TokenPost

Binance’s 24-hour net outflows narrowed to about $3.25 billion from a peak near $7 billion, while its deposit-to-withdrawal ratio recovered, pointing to better overall flows. The latest outflow level was more than 50% below its high. Binance held about $124.4 billion in total assets, and withdrawal services were gradually returning across its networks. The total-asset figure is separate from the daily net-flow reading, which reflects the balance of money entering and leaving the exchange. Binance founder CZ said the exchange had allocated 100% of the funds, with about 5% still needing conversion into smaller tokens.

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