Binance Reopens HYPE, APT Withdrawals as Bitcoin Reserves Drop by $4.2 Billion

TLDR Binance reopened Hyperliquid and Aptos withdrawals on Nov. 8, ahead of its stated target. CryptoQuant data shows Binance’s bitcoin reserves fell by about 56,000 BTC since the Oct. 29 hack. Ethereum-based stablecoin reserves dropped from about $41 billion to $32 billion, a 22% decline. Binance says about 98% of affected assets have been replenished. Daily outflows have eased, but no full reopening date has been given. Binance has reopened withdrawals for Hyperliquid and Aptos on Sunday, Nov. 8. The move comes as the exchange continues to recover from a $6.3 billion security breach that took place on Oct. 29. Binance had said on Nov. 6 that it aimed to restore these assets by the end of the following week.

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