Subnostr

Binance is in big shit? (Hell, yes)

"BREAKING: #Binance    outflow data confirms largest withdrawal in it's history, over 162,000 $BTC has left the exchange, valued at over $4.6 Billion.

Are Whales/Insiders jumping ship? "

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Discussion

47 2y ago

👀

78e47dfe... 2y ago

Id guess Binance users are the biggest shitcoiners. They might be paying billions for their newly minted btc tokens and jpegs.

78e47dfe... 2y ago

I'm kinda worried about what that means for sell pressure. I'd bet the extra income for miners is a much needed relief and some surely will be doubling down on selling to cover costs. Also, we don't know what these scamming shitcoin creators intend to do with their profits.

Toby McMann 2y ago

They say the billions worth of transactions were "internal."

But, does anyone believe Binance is fully backed? Feels like a bank run, with Binance trying to block the exits, put in halts, etc.

Corrado Alvaro 2y ago

But they said it was an internal transaction! 🤔🙄🤥?

Schlaus Kwab 2y ago

The fact that so many people hold their 🌽 on exchanges reminds me of how early we are. There just weren't enough BTC bank runs yet.

ᴄʏʙᴇʀɢᴜʏ 👽 2y ago

Already withdrawed all the funds from Binance. THX to CZ