Since I'm pretty busy and can't keep track of everything, even though I'd like to, this is something that I don't understand very well and would like to get your opinion on.
So, Binance recently halted USDC withdrawals because outflows reached $2B, which indicates to me that many investors are worried about their state, even tho they resumed withdrawals shortly after that.
At a time like this there is a lot of negativity towards the central exchange since FTX is attracting attention now there are lots of accusations or suspicions against the central exchange including Binance being the largest exchange. Therefore withdrawing assets into the wallet early is an option for crypto investors and traders to avoid issues that are interrelated with one another. From the start, Binance has clearly shown ownership of its assets to the public in order to reduce accusations out there, but since Binance itself declared war on FTX, inevitably there will be parties who will take advantage of this issue to erode Binance assets. I wouldn't be surprised because holding assets without trading them on a centralized exchange is quite risky.