Binance CEO Teng explained: We saw a big entry on the day of crisis
Binance CEO Richard Teng, who stated in his tweet yesterday that he did not think that the market declines will be long-term, gave information about the stock market today. "It was one of the biggest entry days we've seen since the beginning of the year," Teng said, noting that they saw a net worth of $1.2 billion inflows only yesterday.
At Binance, CEO Richard Teng said yesterday that they received the biggest entries they've seen since the beginning of the year. Stating that the stock market saw 1.2 billion dollars of input, Teng also said that the markets started to improve.
'There is an increase in token prices'
Stating that they saw large input on the day of this collapse in the information he gave over X, Teng said that this was a reflection of their self-confidence:
“In yesterday's macroeconomic market crisis,
Binance saw a net infut of $1.2 billion. This figure was one of the biggest entries of 2024. This clearly shows investor confidence, and yesterday in terms of trading volume, we saw one of the biggest figures since the beginning of the year. We also started to see some returns in important tokens. The current market trend confirms this to us"
In the second place in the entries is Bybit with 276 million dollars and Bitfinex with 100 million dollars in the 3rd place.