Following the sharp market downturn on August 5, 2024, Binance experienced a remarkable $1.2 billion influx, showcasing significant trader activity despite falling cryptocurrency prices. CEO Richard Teng highlighted this as one of the year’s strongest days for net inflows, attributing it to robust investor confidence, based on data from DeFiLlama. Sources of Inflows The main … Continue reading "Binance Sees $1.2 Billion Influx Amid Market Downturn" The post Binance Sees $1.2 Billion Influx Amid Market Downturn appeared first on Cryptoknowmics-Crypto News and Media Platform .