Binance founder Changpeng Zhao (CZ) retweeted a post by SujalJethwani to clarify a suspected security incident at Binance. The tweet noted that while hot wallets reported $5.8 billion in outflows, Binance's total reserves stood at $165 billion, meaning the outflows accounted for less than 3.5%. Tether has frozen over $1.567 billion in USDT, and Circle has frozen $823 million in USDC, totaling over $2.3 billion in locked funds. Additionally, Binance's SAFU insurance fund holds approximately 15,000 Bitcoin, valued at over $1 billion. Both CZ and Binance's official channels stated that user funds are secure, and the withdrawal pause was solely for security checks, emphasizing that Binance possesses real reserves and the SAFU fund, distinguishing it from the nature of the FTX incident.