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𝕏xSE first seen 1 d ago, last 1 d ago, peak #31

Massive Binance Wallet Outflows Fuel Crypto Market Selloff

Original: Binance Hot Wallets See Massive Outflows Sparking Crypto Selloff

Large sums of cryptocurrency are being withdrawn from Binance's hot wallets, triggering a wave of selling across the market and renewed anxiety among investors. Traders are moving funds off the exchange, and the outflows are being widely read as a signal of shrinking confidence in one of the world's largest crypto platforms, with the selloff spreading to bitcoin and other major tokens.

Why now: Traders are reacting to fears over Binance's stability, and the visible outflows are amplifying panic selling.

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