Binance Sees $1.23B in Weekly Outflows as Ethereum Withdrawals Hit 3-Year High

Binance, the world’s largest cryptocurrency exchange by trading volume, experienced a dramatic surge in weekly outflows, with net withdrawals reaching $1.23 billion during the week beginning June 29. This represents a 207% increase from approximately $400 million the previous week, according to data from DefiLlama viewed by Cointelegraph on Sunday. The spike coincides with Ethereum…

Binance Sees $1.23B in Weekly Outflows as Ethereum Withdrawals Hit 3-Year High