Binance Addresses Outflow Data Issue: Originated from Third-Party Glitch, Expected to Resolve in 24-48 Hours

Binance Addresses Third-Party Data Anomaly

Binance recently responded to abnormal fund outflow data cited by Coinglass, clarifying that the issue stemmed from third-party platforms, not from Binance itself. Similar discrepancies were previously observed with DefiLlama.

Data Recovery Timeline Confirmed

Binance stated that data inaccuracies on third-party platforms like Coinglass and DefiLlama are expected to normalize within 24 to 48 hours. Users should not be concerned about the safety of their assets on Binance.

Promoting Withdrawal Tests for Transparency

Binance recommends that all platforms conduct regular withdrawal tests to verify asset integrity. The company proposed an annual 'Withdrawal Day' to enhance user confidence.

• Third-party platforms may experience data anomalies
• Data is expected to normalize within 24-48 hours
• Withdrawal tests help ensure asset verification