Binance Pushes Back Against Coinglass Anomalies with Data Restoration Timeline

Binance has responded to market concerns over on-chain data anomalies flagged by third-party trackers Coinglass and DefiLlama. The exchange noted that similar past discrepancies with DefiLlama were expected to be resolved within 24-48 hours, encouraging users to verify their holdings directly.

The statement followed reports of anomalous outflows, which Binance described as unvalidated data from third parties. It directed users to its proof-of-reserves page for personal asset checks and recommended using CoinMarketCap for total balances and OKLink for platform flows.

Coinglass highlighted discrepancies based on public data, drawing hostile reactions that the firm defended as neutral analysis. DefiLlama's data often counters such claims, showing net inflows for Binance.