Fred Krueger: Binance resumes phased withdrawals with 95% coverage of $6.3 billion

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Binance resumes withdrawals, coverage at 95 percent

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15 hours ago

Fred Krueger: Binance resumes phased withdrawals with 95% coverage of $6.3 billion — Binance resumes withdrawals, coverage at 95 percent

Binance has resumed withdrawals in phases, with BTC, ETH, major stablecoins, and dollar cash withdrawals now fully live and more assets to be added as network checks are cleared.

Fred Krueger, an investor and crypto entrepreneur, reported that overall coverage is now at approximately 95% of the $6.3 billion total, up from 90%. The remaining 5% is attributed to illiquid tokens.

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Krueger previously highlighted bitcoin trading near $83,100 following a 3.6% decline, with seller activity dominating and Strategy posting a $21 billion gain in the third quarter, as reported here. Earlier, he noted the potential for Strategy to propel bitcoin to $135,000 through a $20 billion purchase, suggesting further upside in a bull market scenario, according to his analysis here. Krueger’s recent commentary builds on this history of monitoring key crypto flows and market moves.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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