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Binance Inflows Flip Positive After $7 Billion Post-Hack Exodus

Image: Bitcoin.com News

Binance’s tracked wallets have swung back to roughly $3.25 billion in 24-hour net inflows after recording more than $7 billion in daily outflows following its $6.3 billion hack. Money is starting to flow back into Binance after one of the largest security shocks in crypto history. Binance recorded about $3.25 billion in 24-hour net inflows according to Defillama data, as of this writing, reversing the heavy withdrawals that followed the Oct. 29 hack . The exchange’s tracked onchain assets stood at roughly $128.8 billion. “By 03:00 UTC [Nov 3], we are seeing hourly deposits exceed withdrawals,” Binance said earlier Tuesday, describing the shift as a sign of stabilizing user activity. Defillama still showed approximately $12.16 billion in seven-day net outflows and $10.85 billion over 30 days.

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