🚀 KuCoin, once a titan in the crypto world, is experiencing a seismic shift as withdrawals surge to over $1 billion in just 24 hours amidst a regulatory crackdown in the US. 🪧 With assets under management dropping by 20%, the exchange finds itself navigating turbulent waters.

📉 A staggering $1.083 billion in outflows via Ethereum Virtual Machine-compatible (EVM) chains highlight the scale of the withdrawal frenzy, overshadowing the meager $144 million in inflows. The Ethereum network alone witnessed a net outflow of #kucoin #HotTrends