Based on the understanding of the exchange business logic, why does Binance’s aggregated wallet need to consume hundreds of ETH?

Why does Binance's aggregated wallet consume hundreds of ETH based on exchange business logic?

Reference: https://twitter.com/tmel0211/status/1704869126949539947

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Related articles

Discover more

Blockchain

Market Weekly | The market is in a consolidation period, and the exchange has picked up

Weekly summary Last week, the average daily market value of global digital currency assets was 326.973 billion US dol...

Opinion

How much selling pressure remains after the hacker account has liquidated 300,000 BNB?

In recent days, with the liquidation of BNB cross-chain bridge hacker Venus account positions, crypto KOLs on the int...

Market

Solana’s Spectacular Comeback: Moons and Stumbles

In 2023, the token has increased by over four times its starting value of $10, making it a lucrative investment for F...

Blockchain

Being shot, being controlled, and being exiled globally, is the founder of the exchange the most dangerous occupation in the currency circle?

A week ago, Tobias Niemiro, the co-owner of Bitmarket, Poland's second-largest cryptocurrency exchange, was shot...

Blockchain

Full text of South Korea's first independent "Encryption Act": Insider trading carries a maximum sentence of life imprisonment.

On June 30, 2023, the South Korean National Assembly's Political Affairs Committee passed the country's first legisla...

Blockchain

Graphic dismantling: Where did FCoin assets go? Is there a problem with the funding chain in 2018?

Author: PeckShield, the original title "graphic dismantling FCoin assets to its heyday already noticeable declin...

Want to read more? Go here