CZ: Binance's Net Outflow about $1.14 Billion Today
Dec 13,2022,15:37
CZ tweeted that Binance net outflow about $1.14 billion today. "We saw some withdrawals today (net outflow $1.14 billion). We have seen this before. Some days we have net withdrawals; some days we have net deposits. Business as usual for us."
In addition, CZ thinks it's a good idea to run "stress test withdrawals" on each CEX on a rotating basis. It costs some network fees to run these "tests", but keeps the industry healthy.
