Binance Co-Founder He Yi: Bots May Have Mistakenly Classified New Hot Wallets as Fund Outflows
Original headlineBinance 联合创始人何一：机器人或将新热钱包误计为资金流出
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Binance co-founder He Yi said on November 1 that bots appear to have miscounted some of Binance's newly created hot wallet addresses as fund outflows, and suggested cross-checking with multiple tools. Her comments came in a reply on X to user DeFi 小矿工, who had cited bot-based statistics estimating Binance's current net outflows at under $2 billion. The clarification matters because large exchange outflow figures can fuel fears of a bank-run-style liquidity crunch, as seen in past exchange crises, and can move market sentiment quickly. The discrepancy highlights how automated on-chain trackers may mislabel fresh wallet addresses, inflating apparent outflows. Watch for whether independent on-chain analytics firms reconcile the figures and whether actual net outflows from Binance continue or reverse in coming days.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Binance, He Yi