“There are constant hourly net outflows of bitcoin and stablecoins after the CZ’s resignation announcement,” Hochan Chung, head of marketing at CryptoQuant, told CoinDesk. “However, compared to the total reserves of Binance, the current volume is not yet significant at all.”
Related posts
-
Crypto Exchanges in South Korea Address Rumors of Mass Altcoin Delistings, Say Fears Overblown: Report
Crypto exchanges in South Korea are reportedly trying to dispel fears that the country’s new digital... -
UAE’s Zand Bank to Offer Crypto Services
Zand Bank, the UAE’s first digital bank, has entered... -
Binance US Confident in Legal Battle Against SEC as Case Moves Forward
Binance US responded to the court’s decision to allow...