**Binance CEO Richard Teng Discusses Market Resilience**
đ **Record Inflows**: Despite recent market fluctuations, Binance experienced one of its highest inflow days of 2024, with $1.2 billion entering the platform. CEO Richard Teng views this as a strong indicator of investor trust.
đȘ **Investor Confidence**: Teng remarked, "The substantial inflow during a macroeconomic downturn highlights the confidence our users have in Binance. The trading volume yesterday was among the top for the year."
đ **Token Price Recovery**: Key tokens are starting to recover, signaling a positive trend in the market and reflecting the robust confidence within the crypto community.
đ **Competitive Overview**: Binance led with $1.2 billion in inflows, followed by Bybit with $276 million and Bitfinex with $100 million.
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