Outflows across chains happened one after the other. XRP went first, then SOL shortly after, then BTC, ETH, USDT and TRX together, finally USDC.

Binance's BNB balance was left untouched.

It wasn't just the major assets.

Dozens of smaller tokens saw a large share of their Binance balance leave in the same hour. According to our data, #FUN tokens were completely drained from the exchange.