Lookonchain: Binance's total assets did not have significant outflows, and the main reason for the decrease in asset value is the drop in cryptocurrency prices.
According to Lookonchain's monitoring on June 11th, BlockBeats reported that in the past week, Binance's total assets decreased by approximately 13% based on its public address, mainly due to the decline in cryptocurrency prices. Most assets have fallen between 6% and 38% in the past 7 days. In addition, an address starting with "0x66b8" has been continuously depositing and withdrawing stablecoins on Binance for the past 14 hours, apparently engaging in some form of arbitrage activity, with a total stablecoin trading volume of up to $113 million.