Withdrawals are this intense?! $21.1 billion flowed out of Binance in just 7 days, with a daily net outflow of over $3 billion. The last time it was this crazy was during the FTX collapse. Binance was the first to introduce Merkle Tree for asset transparency. But this time, the wave of withdrawals has finally hit them. Feels like the October 11 retail investor bloodbath incident won’t be forgotten so easily.