The largest negative inflow (where users withdrew more money than they deposited) was registered on Binance, Gemini and FTX exchanges.
Binance balances dropped by $2.3 billion, Gemini said farewell to $679 million, while the collapsed FTX lost $591 million. In total, since Nov. 12, 2022, the users of centralized exchanges withdrew over 1.1 million Ethers (ETH), or $1.3 billion in USD equivalent.
This outflow wave became the largest in the past months. Users started aggressively taking their money out of exchanges, scared by the collapse of the FTX platform and its associated trading firm Alameda Research.
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