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Bitcoin investors seem indifferent on potential Binance asset freeze

June 7, 2023
in Crypto Exchanges
Reading Time: 1 min read
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Fast Take

As a result of information yesterday of the SEC requesting a restraining order to freeze Binance.US property quickly.
Trying on-chain, prospects don’t appear overly involved, as we’d count on an outpour of property similar to Bitcoin from Binance.US and even Binance.com, nevertheless it seems it was not the case.
Solely round $100 million of Bitcoin was withdrawn yesterday from Binance, in accordance with Glassnode.
Binance proof of reserves claims 633,642 BTC in internet balances, roughly $17 billion.

Netflow: (Source: Glassnode)
Netflow: (Supply: Glassnode)

The publish Bitcoin traders appear detached on potential Binance asset freeze appeared first on CryptoSlate.

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