Binance Records $1.2 Billion Net Inflow Amid Market Downturn

Binance reported a net inflow of $1.2 billion in 24 hours amid a market downturn.
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Amid the macroeconomic climate and previous market collapse, Binance CEO Richard Teng said that the company received a net inflow of $1.2 billion in the past 24 hours, according to DefiLlama’s CEX Transparency metrics.
Amid the macroeconomic climate and yesterday’s market downturn, #Binance recorded a net inflow of US$1.2 billion in the past 24 hours, according to @DefiLlama’s CEX Transparency metrics.
This marks one of the highest net inflow days of 2024, indicating strong investor…
— Richard Teng (@_RichardTeng) August 6, 2024

Record Net Inflows and High Trading Volumes Highlight Investor Confidence in Binance Amid Market Challenges
This result represents one of the largest net inflow days in 2024, suggesting strong investor confidence amid broader market problems. Furthermore, yesterday’s trade volume was one of the gr

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