Binance Processes Nearly $1B in Net Outflows as Changpeng 'CZ' Zhao Resigns
Briefly

"There are constant hourly net outflows of bitcoin and stablecoins after the CZ's resignation announcement... However, compared to the total reserves of Binance, the current volume is not yet significant at all."
"The withdrawals are fairly above average, but not usually large on a weekly basis..."
"As such, the processing of withdrawals and deposits helps buffer any concerns about the exchange's solvency... The situation is far unlike last year's run on embattled exchange FTX..."
Read at Coindesk
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