Binance has seen a large number of Bitcoins and Ethereum withdrawls following the recent allegations.
Coinglass data shows that 51398 BTC (Bitcoin) have been mined.BTCData shows that the majority of tokens (around 48,000 coins) left Binance during the past month. Data indicates that around 48, 000 coins were removed from Binance on 27th August, when many Palestinians complained about frozen assets.
Binance is the biggest crypto exchange in terms of trading volume. Binance saw over 275.200 Ethereum traded.ETHIn the last 30 days, a total of ) tokens have left the exchange. Over the last 24 hours, 86 486 ETH have been removed from the platform.
Binance has reported that BTC and ETH totaled $3.7billion in value over the month.
Binance remains the second biggest Bitcoin and Ethereum exchange despite outflows. The company has a balance total of 566.113 BTC (Bitcoin) and 3.44million ETH. Coinbase, according Coinglass data, is the leader of the list with 824.887 BTC.
Binance has seen a significant outflow of funds after Ray Youssef – the former CEO and co-founder of peer-to-peer cryptocurrency exchange Paxful – claimed Binance had been hacked. seized The assets of their Palestinian users.
Binance said to crypto.news, that due to its anti-money laundering and terror funding policies only a few users had been affected.
X users who support Palestine have started using the hashtag #BoycottBinance. Others have deleted their posts. Binance While criticizing this move, some accounts have been critical of it. freeze The funds of Palestinian Users
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Source: crypto.news
