Net Binance Withdrawals Surpassed $3.6 Billion in Past 7 Days: Report
The sudden spike in outflows may have been caused by market makers leaving the exchange.
![Binance net withdrawals exceeded 3, $6 billion in the last 7 days: report](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/4bbfa0c7-8ebb-4b2e-9123-5de205a60398.jpg)
![Net Binance Withdrawals Surpassed $3.6 Billion in Past 7 Days: Report](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvNGJiZmEwYzctOGViYi00YjJlLTkxMjMtNWRlMjA1YTYwMzk4LmpwZw==.jpg?#)
The sudden spike in outflows may have been caused by market makers leaving the exchange.
![Binance net withdrawals exceeded 3, $6 billion in the last 7 days: report](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/4bbfa0c7-8ebb-4b2e-9123-5de205a60398.jpg)
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