Recently, the most severe cryptocurrency outflow occurred. Gate.io responded to operational rumors: everything is normal.
The cryptocurrency exchange Gate.io has recently been rumored to be under investigation, causing speculation to abound. The official response clarified that its operations are normal, with no withdrawal issues, and the application for the Gate.HK license to comply with Hong Kong regulations will continue.
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Gate.io Responds to Rumors, Significant Amount of Assets Still Being Withdrawn
Nevertheless, according to data from DeFi Llama statistics, Gate.io has seen around $142 million worth of digital assets withdrawn in the past 24 hours, accounting for approximately 10% of the exchange's total assets. The amount withdrawn is slightly less than Binance, but Binance's asset size is about 20 times that of Gate.io. Gate.io has also been the exchange with the highest amount of assets withdrawn in the past seven days, regardless of the scale.
