OKX draws $445M in net inflows as Binance outflows exceed $7B

OKX draws $445M in net inflows as Binance outflows exceed $7B

OKX Leads Crypto Exchanges with $445M in Daily Inflows

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Ecosystem

Cointelegraph presents:

  • Data: Bitcoin ($0.07440), Ethereum ($2,259.01), Altcoins, and more.

  • Market Trends: Top performers and decliners.

  • Exchange Insights:

    • OKX: $445M in daily inflows, leading the pack.
    • Binance: Despite $7 billion in net outflows post-hack, it remains a significant player.
    • Bybit, Gate, Bitget: Following closely with substantial inflows.

Key Takeaways:

  • OKX's dominance in daily inflows.
  • Binance's recovery from the $6.3 billion hack, with ongoing withdrawal restoration.
  • The exchange's strategy to replace stolen assets and absorb the losses.
  • Market reactions: OKB and BNB price movements.

Related:

  • THORChain’s RUNE jump post-Binance hack.
  • The impact of the hack on the industry and crypto's overall resilience.

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Disclaimer:

Cointelegraph is committed to editorial integrity and transparency. This news article is for informational purposes only, and does not constitute personal investment advice.

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