Re:Temporary pause of Bitcoin withdrawals on Binance
by kirbypineapple on Tuesday June 14, 2022 @01:11PM
(#31742571)
Re:Temporary pause of Bitcoin withdrawals on Binance
by skohan on Monday June 13, 2022 @12:28PM
(#31727755)
I can think of many of exchanges pausing withdrawals in times of extreme volatility - either close to peaks or during massive selloffs.
I think Binance probably doesn't have enough liquidity to cover their withdrawals and you probably don't need to look much farther to find an explanation.
[1] https://jochen-hoenicke.de/queue/#BTC,30d,weight
[2] https://bitcoinops.org/en/topics/cpfp/