I once saw one of the investors interviewing on one of the TV, i can't remember what day & the tv, the reporter discussed the collapse of FTX exchange and related to deposit assets and at the same time keeping the best and safest web assets.

Indeed from the interview, at first glance the investor suggested that with the current situation the choice of holding assets of Ledger & Trezor or Electrum was good, at the end of the conversation he said, if you are afraid of losing crypto assets, don't invest, internet attacks can happen unexpectedly, Ledger & Trezor or Electrum are no guarantee from attack or safe, sure anything can happen unexpectedly, then he said if you want to keep crypto assets / long-term investments, try to have your assets in well-known exchanges and the CEO is clear and responsible at the same time, if there was a hit and miss, then the reporter asked what exchange was good, he said maybe Binance, But Binance can happen unexpected things like FTX, all decisions are on ourselves, faith.

But I don't know who the investors are, India, Bangladesh, UK and other countries, maybe from the interview, some WazirX users trust Binance as one of their preferred exchanges to deposit crypto assets, it's just my guess, what I said is not 100% correct, maybe I'm wrong or maybe WazirX users are storing crypto assets on Binance of their own volition, or some other factor, which we don't know yet, maybe.