Bitcoin Balances on Exchanges - Sudden rise in the balance of Binance

[Scorpion]

It very well appears to be a 'run' on the exchanges. However Binance is one of the safest exchanges out there in the crypto space as they do not misappropriate customer funds. What's occurring now is a very good thing as it testing which exchanges are solvent are running this right or which exchanges are scams. It hurt a lot of people with the downfall of FTX but in the long run we should be glad it happened now and not when cryptocurrency really mainstream.

[BitcoinMoses]

In a gradual process investors will pull theirs btc from exchanges. Only the traders will be using exchanges. When the CBDC will be launched it will kill all the Bitcoin Exchanges Bitcoin will excell without Bitcoin exchanges.

Then the True decentralised Bitcoin will be realised.