Binance co-founder He Yi says Grok Bot may have miscounted new hot wallet addresses in outflow data

Binance co-founder He Yi says Grok Bot may have miscounted new hot wallet addresses in outflow data

N
News Editor
2026-11-01 11:34:25
ChainCatcher reported that crypto KOL DeFi Xiaokuanggong said a query to Grok Bot suggested Binance’s current net outflow was likely within $2 billion. He Yi, co-founder of Binance, responded that Grok Bot appeared to have counted some of Binance’s new hot wallet addresses as outflows. She said the figures should be checked against multiple tools. The exchange executive did not provide an alternative number in the response cited by the report. The exchange, the estimated outflow level, and the possible source of the discrepancy were the main points mentioned in the brief update.

According to ChainCatcher, crypto KOL DeFi Xiaokuanggong said in a post that, after asking Grok Bot, the impression was that Binance’s current net outflow was roughly within $2 billion.

Binance co-founder He Yi responded that Grok Bot appeared to have counted some of Binance’s new hot wallet addresses as outflows. She added that the data could be cross-checked with multiple tools.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
300

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.