Binance exchange daily BTC withdrawals top $500M as CZ says ‘FUD helps us grow’

Bitcoin (BTC) withdrawals from largest crypto exchange Binance have passed $500 million in the past 24 hours as its CEO calls out “FUD.”

Data from on-chain monitoring resource Coinglass shows that Binance’s BTC balance decreased by over 30,000 BTC into Dec. 13.

CZ: FUD is “thoroughly annoying”

The latest hotspot for fallout from the FTX debacle, Binance has joined exchanges seeing an exodus of user funds.

According to Coinglass, users withdrew 30,300 BTC ($515 million) in the 24 hours…


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