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Why the Jump in Withdrawl Volume From Binance?
Over the past week more than $3.6 billion was withdrawn from the exchange. Big firms in crypto as well as retail users a like removed their funds. Binance is a massive crypto exchange and the withdrawal rate this last week was equally large. Tuesday had the most user volume done, the most since June according to Nansen data. These Binance customer withdrawals were done equally across it’s international divisions.