Binance responds to on-chain data anomalies, suggesting the industry establish an annual "Withdrawal Day" to verify asset authenticity

Binance posted on the X platform stating that the recent market-focused data comes from the third-party platform Coinglass, and there was also a data discrepancy from DefiLlama previously. Currently, the related data is expected to take another 24 to 48 hours to recover.

Binance believes that regularly conducting withdrawal tests on trading platforms is a positive and healthy practice, and reminds users to carefully verify addresses during the testing process and to confirm accuracy before proceeding with withdrawals. Additionally, Binance suggested that the industry could consider establishing an annual "Withdrawal Day" to uniformly verify the authenticity of assets across platforms, in order to enhance transparency and market trust.