Binance Faces Record Outflow Amid Market Uncertainty

The world’s largest cryptocurrency exchange, Binance, has experienced a record-breaking outflow of $21.75 billion over the past seven days, driven by recent market volatility triggered by U.S. tariffs on China. This massive withdrawal coincided with Bitcoin plunging from $111,797 to $102,000 and Ethereum falling to $3,500. This wave of selling followed a period of significant uncertainty in the crypto market.