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Binance Disputes $21.75B Outflow Reading; BTC Holds $111K As Method Math Draws Fire


Binance Disputes $21.75B Outflow Reading; BTC Holds $111K As Method Math Draws Fire

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  • Reports showed $21.75B left Binance in 7 days; Yi He said the figure came from price-effect math, not withdrawals.
  • Binance denied listing-profit claims, citing refundable deposits over 1 to 2 years and warning of legal action.
  • BTC on Binance held $111K support, with a $113K to $114K test framing the near-term tape.

Centralized exchanges (CEXs) have witnessed major asset outflows over the past week, with Binance recording the largest share, approximately $21.75 billion in seven days, according to data cited from CoinGlass.

IMG Credit: PANews on X

The report initially sparked concerns about large-scale withdrawals and potential investor flight from the world’s largest crypto exchange.

Related: Binance Nears Korea Return as FIU Review of GOPAX Deal Points to Year End Approval

What the $21.75B number represents

CoinGlass dashboards headline showing $21.75 …

Read The Full Article Binance Disputes $21.75B Outflow Reading; BTC Holds $111K As Method Math Draws Fire On Coin Edition.

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Coins

$ 64.24K

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+1.20%

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