🔥🔥Binance CEO Teng Explains: We Saw a Massive Intake on the Day of Crisis

Binance CEO Richard Teng, who said in a tweet yesterday that he did not think the market downturn would last, provided a snapshot of today’s stock market. “It was one of the biggest days of inflows we’ve seen since the start of the year,” Teng said, noting that they saw $1.2 billion in net inflows just yesterday.

At Binance, CEO Richard Teng said yesterday that they have seen the largest inflow they have seen since the beginning of the year. Teng also said that the stock market has seen $1.2 billion in inflows and the market has started to improve.

'Token price is rising'

Claiming that they saw large inflows on the day of this crash in the information he provided about X, Teng said this was a reflection of their confidence:

“In yesterday's macroeconomic market crisis,

Binance saw a net inflow of $1.2 billion. This figure is one of the largest inflows of 2024. This clearly shows investor confidence and yesterday in terms of trading volume, we saw one of the largest numbers since the beginning of the year. We are also starting to see some profit taking from key tokens. The current market trend confirms this to us"

In second place in the entries is Bybit with $276 million and Bitfinex with $100 million in third place.

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