Dogecoin

Billion

Binance (<a href="https://x.com/binance" rel="noopener noreferrer nofollow">@binance</a>) co-founder Changpeng Zhao (<a href="https://x.com/cz_binance" rel="noopener noreferrer nofollow">@cz_binance</a>) said the exchange recorded a 2.1% net outflow after it resumed withdrawals, with most of the movement happening in the first few hours. "98% choose to stay," he wrote on X.
Zhao added: "Trust isn't earned by what you say in good times. It's earned by what you do in hard times."
<h2 id="withdrawals-and-deposits-after-the-reopening">Withdrawals and Deposits After the Reopening</h2>
Binance said it processed $4.649 billion in withdrawals and $1.01 billion in deposits between 06:00 and 15:30 UTC on November 1, according to Qazinform. That left a net outflow of about $3.64 billion.
CNBC reported that the net outflow equalled 2.1% of Binance's $171 billion in total assets, based on its latest available proof-of-reserves data. Binance said withdrawal volumes had declined and were stabilising after an initial spike, while deposit volumes remained substantial.
Data from DefiLlama showed $4.05 billion in net outflows from Binance over 24 hours, while the next 10 largest exchanges it tracks recorded about $368 million in combined net inflows, Implicator reported. Other trackers can show different figures depending on the time window used.
<h2 id="phased-restart-follows-6-3-billion-hack">Phased Restart Follows $6.3 Billion Hack</h2>
The withdrawals resumed after a $6.3 billion theft last week. Binance began restoring services in phases at 06:00 UTC on November 1. By 12:36 UTC, withdrawals had resumed for all 15 networks and assets covered in the initial phase, Outlook Money reported.
The first phase included Bitcoin (<a href="https://x.com/search?q=%24BTC&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$BTC</a>), Ethereum (<a href="https://x.com/search?q=%24ETH&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$ETH</a>), Solana (<a href="https://x.com/search?q=%24SOL&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$SOL</a>), BNB Smart Chain (<a href="https://x.com/search?q=%24BNB&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$BNB</a>), Tron (<a href="https://x.com/search?q=%24TRX&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$TRX</a>), XRP Ledger (<a href="https://x.com/search?q=%24XRP&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$XRP</a>), Dogecoin (<a href="https://x.com/search?q=%24DOGE&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$DOGE</a>) and several other networks, according to TokenPost. The exchange has warned that heavy demand could cause delays.
Binance said it had replaced about 95% of the affected assets, up from 90% in its previous update, and that it would absorb the financial impact rather than pass losses to users, TokenPost reported.
Further networks and assets remain under security checks. Co-founder Yi He said wallets for other currencies are undergoing repeated security audits and perimeter checks, BusinessToday reported. Binance has not announced a definitive timeline for restoring withdrawals across all remaining cryptocurrencies.
Sources
<a href="https://www.cnbc.com/2026/11/02/binance-outflow-hack-bitcoin.html" rel="noopener noreferrer nofollow">CNBC: Binance sees $3.64 billion in net outflows as withdrawals resume after massive hack</a> <a href="https://qazinform.com/news/binance-sees-36-billion-in-net-withdrawals-after-hack-c7444f" rel="noopener noreferrer nofollow">Qazinform: Binance sees $3.6 billion in net withdrawals after hack</a> <a href="https://www.businesstoday.in/technology/story/binance-resumes-crypto-withdrawals-after-6-3-billion-security-breach-whats-open-from-today-564972-2026-11-01" rel="noopener noreferrer nofollow">BusinessToday: Binance resumes crypto withdrawals after $6.3 billion security breach</a>

Binance Records 2.1% Net Outflow After Resuming Withdrawals, Co-Founder CZ Says 98% of Users Stayed

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