Onchain Analyst: Binance Taps Cold Wallet Reserves as Bitcoin Outflows Spike

[Bitcoin]

Onchain Analyst: Binance Taps Cold Wallet Reserves as Bitcoin Outflows Spike

According to the creator of timechainindex.com, Binance, one of the leading cryptocurrency exchanges, has recently experienced “significant outflows.” This activity has reportedly prompted the platform to tap into its cold wallet reserves to manage the situation. $334 Billion in Play: Centralized Exchanges Face Onchain Scrutiny Amid Bitcoin Highs The chatter on the onchain grapevine suggests […]

Source: Onchain Analyst: Binance Taps Cold Wallet Reserves as Bitcoin Outflows Spike