- CZ states that Binance has processed more withdrawals during FTX or LUNA crash.
- The CEO said that the past day’s $1.14 billion withdrawal was not the highest.
- CZ earlier tweeted that “stress test withdrawal” is a good idea for CEXs.
In regards to the recent remarks on handling huge withdrawals, Binance CEO Changpeng Zhao (CZ) tweeted that his company had processed more withdrawals during LUNA and FTX crashes.
Things seem to have stabilized. Yesterday was not the highest withdrawals we processed, not even top 5. We processed more during LUNA or FTX crashes. Now deposits are coming back in. https://t.co/WLK2KyCym0— CZ Binance (@cz_binance)
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