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Binance Outflows Near $1 Billion Following CFTC Allegations

The global digital asset market printed red indexes on Tuesday as Commodity Futures Trading Commission (CFTC) alleged Binance, the world’s largest crypto exchange for violating trading rules. The fear among the investors has triggered a massive outflow from Binance over the past day.

According to Nansen, the Blockchain data tracker around $852 million of net outflow has been registered over the past 24 hours. However, Binance witnessed $3 billion of net outflow on December 13, 2022.

(By Ashish Kumar)

BNB BNB $636.94
-3.39%
Binance CFTC
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