Binance Saw $5.3 Billion in Net Outflows Over 46 Hours
Photo: TokenPost
Binance recorded nearly $11 billion in withdrawals over a 46-hour period after reopening services following its Oct. 29 security incident, leaving the exchange with about $5.3 billion in net outflows. From 1 a.m. ET Nov. 1 (06:00 UTC) through 11 p.m. ET Nov. 2 (04:00 UTC Nov. 3), withdrawals totaled $10.97 billion and deposits reached $5.695 billion. Binance's net-outflow figure for the period was $5.276 billion, or about $5.3 billion. Hourly deposits exceeded withdrawals by 10 p.m. ET Nov. 2 (03:00 UTC Nov. 3). The shift came before the end of the 46-hour measurement window.
Also reported by The Defiant.
Source: TokenPost
