Binance Withdrawals Hit $1.4 Billion in 24 Hours Amid Struggles

Consequently, Binance has yet to fully deal with the mass exodus of individuals, complicating the situation Xiaomi Mansi explained that Binance has processed more than $1.4 billion in withdrawals within the past 24 hours, resulting in a net outflow of around $1 billion. USDT remains the most popular asset being withdrawn from the exchange, followed closely by Bitcoin and other crypto. Although Binance claims to be managing its current issues effectively, executive departures, coupled with their past regulatory issues, may suggest otherwise.

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