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Binance's $3.64 Billion Outflow Test: What the First Day After Reopening Reveals About Crypto Exchanges
The number that answers the solvency questionWhen Binance began restoring withdrawals on Sunday, November 1, after Thursday's record $6.3 billion hack, the question was not whether some users would leave — it was how many, how fast, and whether the exchange could handle it. The first answer arrived within hours. Binance recorded about $3.64 billion in net outflows in the first nine and a...
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