Binance Sees $5.3B Net Outflows After $6.3B Hack

TL;DR Binance recorded $5.28 billion in cumulative net outflows after withdrawals resumed, with customers moving $10.97 billion from the exchange over roughly 46 hours. Withdrawal pressure peaked at $936 million in net outflows during one hour, while deposits totaled about $5.69 billion between November 1 and early November 3. By 03:00 UTC on November 3, hourly deposits exceeded withdrawals by roughly $10 million, signaling improvement while cumulative flows remained negative overall. Binance recorded $5.28 billion in cumulative net outflows after withdrawals resumed following the late-October cyber attack, as customers moved $10.97 billion from the exchange over roughly 46 hours. In an official update , Binance said flow conditions were beginning to stabilize. The withdrawals came after services were restored following a temporary suspension.

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