ChainCatcher reported that, according to data from Coinglass, Binance recorded a net inflow of 163 million USDT over the past 24 hours. The figure is denominated in USDT and represents the net amount after inflows and outflows during the stated time window are offset.
Binance is a crypto asset trading platform, while USDT is a stablecoin commonly used as a pricing and settlement asset in the crypto market. Coinglass provides data on exchange fund flows, which can be used to track deposits and withdrawals across a given period. The key point in this update is that Binance posted a 24-hour net inflow of 163 million USDT.
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