Binance on Friday came out and declared suspicious trail of the liquidity of around 6 billion or more. And they stopped the withdrawals and locked deposits to avoid any market volatility. 

Some called it hack, some called it attempt of hackers to take funds away. And some calling it binance decided to self hack by blaming Lazarus of north Korea. In reality none of that happened. 

Binance came up with the explanation for the press which is less likely to be accurate. Though they say their employee's account got into the attack and caused this but corporate laptops are not home device that it would be such negligent.

It seems like a lot of crypto holders are attempting to sell out as the Christmas is coming and world is in really crisis right now and so people are liquidating the crypto as if there is no more 2027. 

Suspicions of hack. Some are calling it hack because a large amount is being taken away. Though no bridge and the looping and hoops were recorded. This can be one issue but in grand scale binance is secure enough to not let 6B funds go out overnight. 

Polymarket too had some of such incident but that was later recovered though how much damage happened is yet to be cleared. Binance seems to be compensating the users. Read more here. 

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