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Binance spokesperson: Withdrawal levels are stabilizing, returning to normal and expected on-chain activity levels.

Nov 1, 23:13

November 1: A Binance spokesperson stated, "Withdrawal volumes surged initially but are now showing a significant downward trend. Withdrawal levels are stabilizing, returning to what we consider normal and expected on-chain activity levels; the scale of withdrawals as a proportion of assets under management is very small."