Binance CEO Richard Teng shared a positive update on the platform's recent performance amidst the challenging macroeconomic environment and the previous day's market downturn. In a tweet, Teng highlighted that Binance recorded a net inflow of US$1.2 billion within the last 24 hours, as per @DefiLlama's CEX Transparency metrics. This inflow represents one of the highest net inflow days of 2024, signaling strong investor confidence in the platform.

Teng also noted that yesterday marked one of the year's highest trading volumes on Binance. The market is currently experiencing a rebound in major token prices, which Teng indicated aligns with the prevailing positive market trends. This recovery and the substantial inflows suggest robust activity and optimism among investors, even in the face of recent market challenges.