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Monday, 2 November 2026

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Binance Faces US$3.64 Billion Net Outflow as Withdrawals Resume

Binance's withdrawal restart tests customer access and recovery capacity, as early net outflows remain distinct from the assets stolen in the hack.

By TLA AI Editor3 min read

Global markets, 2 November 2026 – Binance customers withdrew a net US$3.64 billion as the cryptocurrency exchange reopened access following a US$6.3 billion theft. The flow figures create an immediate operational test for the platform: replacing affected assets and restoring withdrawal services must now be matched by reliable access for customers who choose to move funds.

The exchange reported US$4.65 billion in withdrawals and US$1.01 billion in deposits during the first nine and a half hours after reopening. The difference is the reported net outflow, equivalent to approximately 2.1% of assets held before the incident. The gross withdrawal figure, the net flow and the stolen amount measure different things and should not be treated as interchangeable losses.

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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.