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TechFlow news: Ki Young Ju, co-founder and CEO of cryptocurrency on-chain analytics firm CryptoQuant, tweeted that there has been no massive user withdrawal or bank run following the U.S. Securities and Exchange Commission's lawsuit against Binance.
In fact, user balances are still increasing, with the BNB Chain ecosystem accounting for 10% of reserves. Approximately 10,000 bitcoins have reportedly flowed out.
Ki Young Ju, co-founder and CEO of on-chain analytics firm CryptoQuant, tweeted that following the U.S. Securities and Exchange Commission's lawsuit against Binance, users have not initiated a massive withdrawal or bank run. In fact, user balances are still increasing, with the BNB Chain ecosystem accounting for 10% of reserves. Approximately 10,000 bitcoins have reportedly flowed out.
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