Binance Withdrawals Hit $4.65B as Net Outflows Reach $3.64B After Hack

TLDR: Binance processed $4.649B in withdrawals and $1.01B in deposits within a nine-and-a-half-hour window. Net outflows reached $3.64B, representing 2.1% of Binance’s stated $171B in assets under management. Withdrawal volumes peaked after transfers resumed across 15 networks, then eased in 30-minute chart intervals. Binance reported freezing about $3B in stolen assets, while its October 31 reserve snapshot predated outflows. Binance recorded $4.649 billion in withdrawals on November 1 as customers regained access to transfers following a reported $6.3 billion theft. Deposits totaled $1.01 billion between 06:00 and 15:30 UTC, leaving approximately $3.64 billion in net outflows .