TreeAI Flags $2.77 Billion in Transfers From Binance-Linked Wallets

TreeAI flagged roughly $2.77 billion in transfers from Binance-linked wallets on Oct. 29. The claim describes wallet movements, but does not establish that the full amount left Binance, represents net withdrawals or reflects a loss of user assets.

A gross transfer total counts value moved without subtracting transfers in the opposite direction. Net outflows account for assets moving both out of and into wallets. The figure is not established as a net total, so it cannot quantify how much value, if any, left Binance.

Binance’s proof-of-reserves process is designed to show user assets are backed 1:1 and to verify wallet ownership and account-balance snapshots. Those checks provide a view of reserves and wallet control at a particular time. They do not establish the destination or purpose of the transfers flagged by TreeAI.

That distinction matters because on-chain transfers alone do not show whether customers withdrew funds or whether Binance’s reserve position changed.