Binance CEO Announces: “Confidence Is Rising, One of the Highest Levels of the Year”!

ByChris Cleiton

The world's largest cryptocurrency exchange Binanceexperienced a net investment flow of $2.2 billion in the last 24 hours. This data was obtained according to DefiLlama's CEX Transparency metrics. This large flow stands out as a remarkable development at a time when the economy is going through a difficult period and the market has recently faced a major sell-off. The liquidations experienced in recent days reached $1.2 billion.

Binance CEO Richard Teng stated that this was one of the highest investment flows they have experienced this year, and that investors have high confidence in the platform. He also said that the trading volume on the exchange yesterday was one of the highest levels of the year. added.

Teng is currently in a very optimistic mood. He believes that the prices of major tokens are starting to recover and that this is in line with market trends. “We are seeing a recovery in the prices of major tokens and the market supports this,” he said.

A closer look at the data reveals impressive results. Over the past 24 hours, Binance has attracted a total of $2.2 billion in investments, with assets under management reaching $99.91 billion. Spot trading volume stood at $27.62 billion. The net investment flow is a positive market trend that has also caught the attention of Binance CEO.



Writer Adle Dursun about :

I am a Sociology graduate of Muğla Sıtkı Koçman University, and I actively conduct research and prepare content on cryptocurrency and blockchain.


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