Binance is accused of liquidating 94% of its Bitcoin, 99.9% of its Ethereum, and 99% of its Solana in January, raising concerns among users. An X user highlighted suspicious onchain activity but acknowledged these assets were not user funds.

In response, Binance stated the actions were standard accounting adjustments, and user funds are secured. Following this clarification, Cointelegraph retracted its previous claims. The situation underlines the importance of verifying information in the cryptocurrency market.