Last night was a big breakout day for Binance, Binance CEO Cz, and the cryptocurrency industry. While CZ, who had been the CEO of Binance for a long time, resigned from his position due to accusations in the USA, an agreement was signed between Binance and the USA.
During all this noise, investors also experienced uneasiness. While investors were trying to predict how Bitcoin would react to this agreement, they were also faced with the dilemma of whether to continue using Binance or not.
With 150 million users worldwide, Binance is the largest cryptocurrency exchange. Cz's contribution to Binance's growth is an indisputable fact. Many investors used Binance and kept their assets on this exchange because they found Cz reliable. Cz's handover of duty made investors who identified Binance with Cz and therefore trusted Binance a little uneasy.
However, when we look at the outflows in the last 24 hours, we see that this anxiety remains limited and there is no serious money outflow from Binance.
According to DeFiLlama's data, while there was an outflow of $1.16 billion from Binance in the last 24 hours, there was an inflow of money into some central exchanges.
During the hours when there was an outflow of 1.16 billion dollars from Binance, there was a fund inflow of 97 million dollars to OKX, 44 million dollars to Bybit, 60 million dollars to Kraken, and 25 million dollars to Crypto.com.
