The development follows Binance briefly pausing withdrawals due to technical issues the previous day, a 20-minute disruption that revived solvency concerns in an already jittery crypto market.

Co-founder He Yi described the episode on X as a coordinated withdrawal push from parts of the community. She said she still did not understand why deposits appeared to outweigh withdrawals once the campaign started, and she framed routine, large-scale withdrawals across platforms as a useful stress test for the industry.

In the same post, she pointed users toward self-custody options, including Binance Wallet and Trust Wallet, and suggested a hardware wallet alternative for those who want added reassurance.

Binance Outage Sparks Renewed Talk Of Exchange Risk On Social Media

The comments landed after Binance briefly paused withdrawals on Tuesday, a disruption that revived familiar nerves in a market still sensitive to exchange solvency rumours.

He Yi’s message pushed back on that narrative by pointing to net inflows, not outflows, during the campaign window.

Zhao Denies Bitcoin Dump Claims Amid Weekend Selloff

On Monday, Binance co-founder Changpeng Zhao also weighed in, arguing that the market was recycling blame stories as crypto prices slid.

He called the allegations “pretty imaginative FUD” and rejected claims that Binance sold $1B of Bitcoin to trigger the weekend sell-off, saying the funds belonged to users trading on the platform.

Binance has leaned on transparency reports to counter those concerns. CoinMarketCap’s Jan. 2026 exchange reserves ranking put Binance at the top with about $155.64B in total reserves, reinforcing its status as the largest liquidity hub in the sector.

Sources >> Binance Says Assets Increased During Suspected Bank Run Attempt