Binance Defends Against Outflow FUD Amid Data Discrepancies

Binance has responded to recent market concerns over on-chain data anomalies flagged by third-party trackers Coinglass and DefiLlama.

The exchange noted that it has seen similar past discrepancies with DefiLlama, expecting data restoration in 24-48 hours.

Binance encouraged users to verify their holdings directly while suggesting regular withdrawal tests across platforms.

The statement followed reports of anomalous outflows. Binance directed users to its proof-of-reserves page for personal asset checks.

It also pointed to CoinMarketCap for total balances and recommended OKLink for platform flows.