He Yi: Binance’s new hot wallet address may have been categorized as a fund outflow—cross-verification across multiple tools is recommended.

On November 1, DeFi influencer “DeFi Xiao Kuanggong” posted on social media asking: “Has Binance’s net outflow reached nearly $2 billion?” In response, Binance co-founder He Yi clarified that Grok Bot may have mistakenly flagged some of Binance’s newly activated hot wallet addresses as outflow addresses, and advised cross-verifying with multiple on-chain analytics tools.