CZ: Binance once processed $14 billion in withdrawals in a single week, and "there were no problems"
2026-11-02 11:32:21
According to CoinMeta, CZ stated during the "New Era of Finance" panel discussion at the World Economic Forum in Davos that Binance handled withdrawals of $14 billion in a single week, and "there were no problems." He mentioned that after the collapse of FTX in December 2023, Binance saw outflows of $7 billion in just one day. He said, "I don't know of any bank that could handle such a situation."
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Source：Cointelegraph
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