Binance Puts Net Outflow at 2.1% of Its $171 Billion in Assets as Withdrawals Restart

Deposits brought back about 22 cents for every dollar withdrawn as the exchange restarted withdrawals, and Binance says it has now made up about 95% of the hack losses. Binance said it processed $4.649 billion in withdrawals against $1.01 billion in deposits from 06:00 UTC to 15:30 UTC on Nov. 1, putting net outflows at $3.64 billion . Binance said the net outflow amounts to 2.1% of the $171 billion in assets it manages. The $171 billion base comes from Binance’s proof-of-reserves data as of Oct. 28, the day before the hot-wallet drain began.