Because the BUSD issue lot of people fear about Binance, but their assets are near ATH

Seen several discussions about Binance and what will happened with them now that BUSD will be gone. Lot fearing that they will die!! Well, on the last days of December and start of 2023 Binance suffered a FUD attack that led into a bank run, more than $10billion assets left the exchange, it went from having $65billions to $55billions in a couple of days. Back then people thought people will keep taking funds out.

Then when the market started going back up, people realized they needed to trade and send funds back to the #1 exchange, whales need to trade in places with big liquidity and so Binance is the best option for them. From that moment to now funds went back up to $70+billion , then the BUSD news hit and a couple of billion went out, but we are still above the $70b , far away from those $55b!!

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https://preview.redd.it/5653liscbfia1.png?1415&format=png&auto=webp&s=82e615ab494074db830fd7b9ed4250420248f14a

Those who want to check Binance reserves can do it easily in here https://defillama.com/protocol/binance-cex check everyday if you fear your funds are not safe and maybe put a number where you say ok in $60 or $50b or $40b i will withdraw!! I do use Binance (for less than 10% of my portfolio) and i still trust them, but i do follow up whats going on with their reserves so im not left in the dark.

Stay SAFU!