Binance Discloses $392 Million Net Outflow in Past 24 Hours

Cryptocurrency exchange Binance saw a net outflow of about $392 million over the past 24 hours, according to a series of tweets from Binance CEO Changpeng Zhao (CZ). This data provides an inside look into the exchange’s financial flows amid volatile market conditions following the U.S. Securities and Exchange Commission’s lawsuit against Binance and Coinbase that sent shock waves across the cryptocurrency industry earlier this week.