Binance resumes withdrawals after massive crypto outflow

Community Trust Score Verified 97 % Real Verified 35 votes Updated 40 minutes ago Crypto tracker Whale Alert flagged approximately $2 billion in Bitcoin ( BTC ), Ethereum (ETH), and dollar-pegged stablecoins leaving Binance within three hours of the exchange reopening withdrawals on Sunday. The movement occurred shortly after Binance resumed operations following a hack on October 29 that resulted in the theft of about $6.3 billion in assets. Whale Alert posts detailed the specific assets involved in the initial outflow. The tracker recorded 10,000 BTC, valued at approximately $779 million, moving from the exchange.

Also reported by Protos.

Source: The Currency Analytics