Record-Breaking Inflows Highlight Investor Confidence
According to data from DefiLlama, Binance experienced a massive influx of funds, with $1.2 billion pouring in within a single day. This significant net inflow suggests robust investor confidence and an eagerness to capitalize on the current dip in cryptocurrency prices. Richard Teng, who recently succeeded Changpeng Zhao (CZ) as CEO, highlighted this event as a strong indicator of market optimism.·
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