- Binance saw $3.971 billion in net inflows from Feb. 21-27, 2025, following Bybit’s hacking incident, reflecting strong investor confidence in its platform.
- Binance recorded net inflows above $3 billion in six of the past 12 months, with November 2024 peaking at $9.2946 billion.
Binance has returned to the spotlight after achieving a net inflow of $3.971 billion in the last week, particularly in light of the huge hacking incident at Bybit.
Notwithstanding continuous worldwide legal and regulatory obstacles, this phenomenon not only highlights Binance’s dominance in the crypto industry but also assures investor confidence on the platform.
Investor Confidence Flows to Binance
Following a significant hack on February 21, 2025, many crypto users hurried to locate somewhere regarded as secure to store their assets. Binance, which has long been known as one of the largest exchanges with a more mature security system, immediately became the main destination.
Reflecting investors’ fast reaction to market volatility, Binance noted a surge in net inflows of roughly $4 billion between February 21 and 27, according to DefiLlama.
Moreover, information from February 2025 indicates that Binance’s overall net inflows came to $5.323 billion. This is not the first occasion this has occurred. With a record high in November 2024 of $9.2946 billion, Binance has experienced inflows of over $3 billion in six separate months in the last year.
Billion-Dollar Lawsuit from Nigeria
Besides that, Binance is also under legal hot fire from Nigeria. Seeking $79.5 billion in claimed economic losses plus $2 billion in unpaid taxes over the past two years, the Nigerian government sued Binance on February 19, 2025.
Alleging that Binance’s operations have deteriorated the state of its currency, the complaint follows Nigeria’s tightening rules on the cryptocurrency sector.
This lawsuit adds to the already extensive list of legal difficulties Binance has encountered across different nations. Though under pressure, Binance is still a preferred choice for investors; it is reasonable to assume the market still regards it as a more stable platform than its rivals.
SEC’s New Take on Binance
Not only is Nigeria drawing attention to Binance; US authorities are also acting in new ways. The US Securities and Exchange Commission (SEC) shockingly asked for a halt on the case against Binance on February 11, 2025. In keeping with its new leadership, the action represents the policy change of the SEC, which now seems to be more friendly to the crypto sector.
To look at possible settlements, the SEC and Binance decided to delay the case for 60 days. Given that US authorities have been famously strict on cryptocurrency exchanges, this represents an unusual shift, of course. Should a settlement come about in Binance’s favor, it may be a welcome change for the whole sector.
Stablecoin Policy Changes in Europe
Binance is also getting ready in Europe for legislative changes. By March 31, 2025, Binance intends to delist all non-MiCA-compliant stablecoin trading pairs in the European Economic Area (EEA), according to our prior report. Users are urged to immediately start using options compliant with the new guidelines.
This policy will influence some of the stablecoins, including USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG. Although this could affect liquidity in the European market, Binance seems to be opting to comply with rules instead of running afoul of legal obligations down the road.
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