MARKET ANALYSIS | Binance Reports ~$6 Billion in Outflows After Withdrawals Resume Following Hack
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Binance processed $4.65 billion in withdrawals and $1.01 billion in deposits after reopening withdrawals on November 1 2026, resulting in net outflows of approximately $3.64 billion. The outflows represented 2.1% of the exchange’s $171 billion in assets under management with withdrawal volumes surging initially before stabilising, Binance said. The re-opening follows an October 29 2026 hack that resulted in the theft of approximately $6.3 billion in cryptocurrency. MILESTONE | Binance Gets Hacked in the Largest Crypto Exploit in History Binance founder, Changpeng Zhao, credited U.S.
Source: BitKE
