A burst of social media posts urging users to pull funds from Binance briefly rattled crypto markets this week, reviving familiar anxieties about exchange risk.

The episode followed a short withdrawal pause that lasted about 20 minutes and quickly became a flashpoint on X. Yet behind the noise, Binance said activity on its on-chain addresses told a different story.

Assets increased during the period, suggesting deposits outweighed withdrawals even as calls to exit the platform spread online.

Withdrawal push meets on-chain data

Binance co-founder He Yi described the surge of withdrawal messages as a coordinated push from parts of the community.

In a post on X, she said she did not fully understand why deposits appeared to exceed withdrawals once the campaign began.

She framed large, routine withdrawal waves across platforms as useful stress tests that reveal how systems behave under pressure.

Her message also included a practical warning. Blockchain transfers are final once confirmed, and rushing funds during periods of heightened emotion can lead to costly mistakes.

She encouraged users to slow down when moving assets and pointed them toward self-custody options, including Binance Wallet, Trust Wallet, and hardware wallets for those seeking additional reassurance.

Yi He

@heyibinance

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Some friends in the community have initiated a withdrawal campaign. Although the number of assets in Binance addresses has increased after the campaign was launched, I believe that regularly initiating withdrawals from all trading platforms is a very effective stress test.
I

4:22 AM · Feb 5, 2026

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