KuCoin witnessed a staggering $1 billion in crypto withdrawals within 24 hours, coupled with a 20% decline in assets under management (AUM), following charges levied against the platform by US authorities. Data analysis from Nansen and Arkham Intelligence reveals the extent of the withdrawal surge and the subsequent depletion of assets. Data provided by Nansen and Arkham Intelligence indicates that KuCoin encountered an unprecedented outflow of approximately $1.083 billion across Ethereum Virtual Machine-compatible (EVM) chains, dwarfing the meagre inflows of $144 million during the same period. Notably, net outflows ... (full story)