Whether BNB, Binance’s native token, could face the same fate as FTT, the native token of bankrupt exchange FTX, is still unclear, Thurman said. “You would have to see somewhere around $12 billion in net outflows for [Binance] to be stressed the same way FTX was prior to them halting withdrawals,” Thurman said.
On-Chain Data Shows Binance’s Financials Are a ‘Black Box’
