Changpeng Zhao, the founder of Binance, posted on X that the exchange’s hourly deposit volume is higher than its withdrawal volume. He cited public reports showing only 6‑10% of withdrawals are sent to other centralized exchanges, while the majority go to self‑custody wallets and have not yet interacted with decentralized exchanges. This suggests users are moving assets off‑chain for personal control, a trend that could affect Binance’s net flow and the broader liquidity landscape. Zhao’s warning to “stay safe” reflects ongoing concerns about security and market volatility as more users hold assets in non‑custodial wallets.

“Binance hourly deposits EXCEED withdrawals. 👀 According to public reports, only 6-10% of withdrawals went to other CEX. Majority went to self-custody wallets, and have not interacted with a DEX yet. Stay safe. 🙏”

— Changpeng Zhao (@cz_binance) on X · X ↗

Changpeng Zhao is not affiliated with COINMAG. The quote comes from a public post on X; the context was written by the COINMAG newsroom.