ZachXBT warns AscendEX may face liquidity issues as withdrawals stall
On-chain investigator ZachXBT has warned that centralized exchange AscendEX may be delaying user withdrawals due to possible liquidity stress. Summary ZachXBT says AscendEX users reported withdrawals delayed for days or weeks without clear processing updates. Known hot wallets appear short of large assets, raising fresh concerns about exchange liquidity. The alert follows wider scrutiny of…
