- CryptoQuant CEO shares on-chain data on Binance reserves.
- The Co-founder of CryptoQuant stated that Binance’s BTC Reserve is up +24% Post-FTX’s Fall
- Ki Young Ju also did a comparison of the stablecoin reserves in Binance and FTX.
Ki Young Ju, the CEO and co-founder of CryptoQuant, gave his two cents on the whole Binance drama by sharing a few key analyses. Ju mentioned in a recent tweet that the BTC reserves of Binance dropped by 8% over the last two days.
People are asking me if @binance is fine.Their $BTC reserve dropped -8% over the last two days but +24% up during the FTX bank run last month.There might be things to be clarified for regulation, but I don't see any shady on-chain activities for now.https://t.co/66yVQG2idc pic.twitter.com/gK8iJmCZxQ— Ki Young Ju (@ki_young_ju)
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