.justinsuntron deposits $100 million USDC into binance to calm market fears. By thesamreynolds
, showing that he had deposited $100 million USDC back into the exchange.
On-chain data shows withdrawals across all chains hit the $1.8 billion mark during the last 24 hours. Data from Nansen shows that Paxos and Huobi were the recipients of some of this inflow, with around $162 million of netflow between the two exchanges. Coinbase saw a sharp rise in inflow, specifically during the Asian trading hours, with around $124 million coming into the exchange during the day.
Binance’s exchange token, BNB, often seen as a barometer of the fortune of the exchange, is down 8% on-day to $259,Data from DeFiLlama shows that the total value locked in Binance Service Chain DeFi protocols is down 4.5% during the past 24 hours.
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