Customers pulled $3.64 bn from Binance after the exchange reopened withdrawals, a net outflow equal to 2.1% of its $171 bn assets.

Binance disclosed that customers withdrew $4.65 bn and deposited $1.01 bn on Nov. 1, resulting in a net outflow of $3.64 bn – about 2.1% of the exchange’s $171 bn of assets – after it resumed withdrawals following a $6.3 bn hack.

Scale of the flow

• Withdrawals processed between 06:00‑15:30 UTC: $4.65 bn
• Deposits in the same window: $1.01 bn
• Net outflow: $3.64 bn (2.1% of total assets)

Exchange response

• Withdrawal service restored in phases from 06:00 UTC, covering all 15 networks by 12:36 UTC
• Around 95% of the hacked amount has been covered, up from 90% previously
• Remaining 5% consists of less‑liquid tokens that require longer sourcing

What traders are watching

• Further updates on the recovery of the remaining 5% of stolen funds
• Any change in Binance’s proof‑of‑reserves data after the next audit
• Potential impact on market liquidity for tokens tied to the hack

Related news

• Morning market overview shows mixed cues from oil, China PMI and crypto developments
• Evening market overview – November 1, 2026
• Binance launches phase one withdrawals after $6.3bn hack
• Ethereum enters technical buy zone after Binance hack scare

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This article is compiled from international market news for information only. It is not investment advice.