Binance’s BNB Token Saw Millions in Sell Orders Right Before SEC Lawsuits

  • June 11, 2023

BNB’s open interest, the total number of outstanding derivative contracts held by investors, also increased in the first nine hours of June 5 by nearly $30 million, according to Coinalyze, which also occurred before the 11:15 am news of the SEC alleging Binance commingled customer funds and operated an unregistered securities exchange.

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