PSA: Binance is insolvent (at least when it comes to XMR)
There is a huge liquidity/naked shorting problem in the market.
It's not just Binance. For now the only safe exchange that is not fractional reserved seems to be Kraken.
If you want to get a better understanding of what's currently happening start here: https://www.reddit.com/r/Monero/comments/nf9bwd/get_your_xmr_off_exchanges_asap/
and read some posts in /r/monero and /r/xmrtrader
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