Binance has recorded $5.8 billion in net outflows over the past 24 hours as customers withdraw funds following the exchange’s record $6.3 billion hack, according to data from DefiLlama.
Binance net outflows surge to $5.8B as withdrawals resume after record hack
Binance recorded net outflows of $5.8 billion after withdrawals resumed following a record hack. The exchange said withdrawal activity surged as some services came back online but has since slowed, and described the outflows as a…
Cointelegraph by Felix Ng
Publisher Cointelegraph
Nov 1, 2026 at 11:59 PM UTC · 1 Min. Lesezeit
Key Signal
$5.8B 24-hour net outflows
Entities
binance
Market Impact
Total MCap+0.37%
Last Updated
vor 5 Minuten
Übersetzung…
Binance said it began restoring withdrawals at 6:00 UTC on Sunday. By 3:30 UTC, it had processed $4.6 billion in withdrawals against $1 billion in deposits, resulting in net outflows of $3.6 billion.
Separate data from DefiLlama showed $5.8 billion in net outflows over the preceding 24 hours, as funds continued leaving the exchange after its initial update.
Binance said withdrawals initially surged but have since slowed and are stabilizing. The exchange noted that the outflows represented a small portion of the approximately $171 billion in assets it holds. Cointelegraph reached out to Binance for comment but did not receive an immediate response.
The flows offered an early test of customer confidence following the $6.3 billion hack against Binance, the largest crypto theft on record.
Related: Binance says phase one of withdrawals opens after $6.3B hack
Binance’s latest update at 12:36 UTC shows it enabled withdrawals for tokens across 15 networks, including Bitcoin, Ethereum, BNB Smart Chain and XRP Ledger, adding that it will continue to restore additional assets and networks in phases.
Bitcoin moved from $86,510.4 to $77,973.2 over the last 30-day period, a decline of 9.9 percent.
Source: Kraken · NewsLayer Markets · Updated in ein paar Sekunden
Early data shared by Binance shows that the largest share of withdrawals were in USDt (USDT), followed by USDC (USDC) and Bitcoin (BTC).
On Saturday, Binance said it had replaced 90% of the assets lost in the $6.3 billion hack using funds from its corporate treasury, its Secure Asset Fund for Users and its futures insurance fund.
Magazine: $3.64B flees Binance on reopen, THORChain co-founder opposes coin freeze: Hodler’s Digest
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Schnelle Antworten
How much did Binance see in net outflows?
Binance recorded $5.8 billion in net outflows after withdrawals resumed.
Why did Binance withdrawals surge?
The exchange said withdrawals increased after some services resumed following a record hack.
How large are Binance's customer assets?
Binance said it holds roughly $171 billion in customer assets, with the reported outflows representing a fraction of that amount.
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Originally reported by Cointelegraph
NewsLayer coverage based on externally reported material.
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Bitcoin
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