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Related tickers and likely impact
BNB/USDT
▼ Likely negativeBNB
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Exchange tokens |
| Market cap | $92.9B |
| Close on 11/02/2026 | 699.25 |
| Change that session | -1.89% |
BTC/USDT
▼ Likely negativeBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 11/02/2026 | 76,816.00 |
| Change that session | -1.96% |
ETH/USDT
▼ Likely negativeEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $277.2B |
| Close on 11/02/2026 | 2,253.29 |
| Change that session | -0.97% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Binance's net inflows turn positive at $2.3B as withdrawals expand
Binance recorded $2.3 billion in net inflows over the past 24 hours, reversing Monday's outflows of more than $7 billion, as it expanded withdrawals after the $6.3 billion hack on Thursday. Binance led centralized exchanges tracked by DefiLlama; Bitfinex saw about $280 million and Bitget about $127 million. Binance said hourly deposits exceeded withdrawals by 03:00 UTC. The exchange had suspended withdrawals on Friday, began restoring them at 06:00 UTC on Sunday, and said it had replaced about 95% of the affected assets, with the remaining 5% being less liquid tokens. It pledged to cover the losses using company resources and protection funds without passing them on to customers. The FBI attributed the attack to North Korea, which denied responsibility on Tuesday.
- Morning Minute: Binance Hack Leads to Mass Outflows While FBI Opens Probe
Binance suffered a hack that drained roughly $6.4 billion from hot wallets across about 10 blockchains, an attack attributed to the North Korea-linked group TraderTraitor. After reopening withdrawals, Binance has seen $3.64 billion in net outflows, according to QCP. Bitcoin ETFs saw $643 million in outflows on Friday, flipping October to -$515.9 million, while ETH ETFs posted -$1.61 billion for the month. Binance says it has set aside more than $6.34 billion to cover losses, and the FBI and Secret Service have opened probes. CFTC Chairman Michael Selig said the hack 'proves our exact point' about unregulated offshore exchanges.
- OKX draws $445M in net inflows as Binance outflows exceed $7B
OKX posted about $445 million in 24-hour net inflows, the largest among tracked crypto exchanges, according to DefiLlama. Bybit ranked second with $112 million, followed by Gate at $91 million and Bitget at $54 million. Binance, which reopened withdrawals in phases after its $6.3 billion hack, recorded more than $7 billion in net outflows, up from $5.8 billion earlier on Monday. Binance said it had replenished about 95% of the affected assets using its corporate treasury, part of its SAFU fund and a portion of its futures insurance fund, and pledged to absorb the losses without passing them on to customers. Binance still held about $127.9 billion in tracked wallets, more than four times OKX's $29 billion, while about $3 billion in frozen stolen assets is separate from those replacement funds.
- Binance sees $3.64 billion in net outflows as withdrawals resume after massive hack
Binance reported $3.64 billion in net outflows after reopening withdrawals on Sunday, as customers rushed to move funds following a $6.3 billion hack. Between 6 a.m. and 3:30 p.m. UTC, the exchange processed $4.65 billion in withdrawals and $1.01 billion in deposits. The net outflows equaled 2.1% of its $171 billion in total assets, based on its latest proof-of-reserves data. Most of the outflows happened in the first couple of hours, and withdrawal volumes have since stabilized, with services restored in phases across 15 networks while testing continues for the rest. The FBI attributed the hack to North Korean hackers known as TraderTraitor, and Binance said it had covered about 95% of the lost funds and would absorb the losses rather than pass them on to users.
- Binance net outflows surge to $5.8B as withdrawals resume after record hack
According to DefiLlama data, Binance recorded $5.8 billion in net outflows over the past 24 hours as customers withdrew funds after the record $6.3 billion hack. By 3:30 p.m. UTC, the exchange had processed $4.6 billion in withdrawals against $1 billion in deposits, resulting in $3.6 billion in net outflows. Binance said withdrawals surged initially but have since slowed and stabilized, and that the outflows were a small fraction of its roughly $171 billion in assets. By 12:36 UTC, withdrawals were enabled for tokens across 15 networks, including Bitcoin, Ethereum, BNB Smart Chain and XRP Ledger, with USDT, USDC and Bitcoin the most withdrawn. On Saturday, Binance said it had replaced 90% of the lost assets using its corporate treasury, Secure Asset Fund for Users and futures insurance fund.
- BlackRock’s IBIT sees biggest Bitcoin ETF outflows since June
BlackRock's iShares Bitcoin Trust (IBIT) recorded 405.3 million USD in net outflows on Monday, its largest daily outflow since June 26, as US spot Bitcoin ETFs opened November with 398.6 million USD in net withdrawals, according to Farside Investors. Fidelity's Wise Origin Bitcoin Fund (FBTC) attracted 6.7 million USD, partly offsetting the outflows. The funds had recorded 515 million USD in net outflows in October and about 38 million USD so far in 2026. Bitcoin briefly fell below 76,400 USD, its lowest since August, amid broader volatility following the 6.3 billion USD Binance hack. US spot Ether ETFs also saw about 140 million USD in net outflows, extending their losing streak to six trading days after a record 1.61 billion USD in monthly outflows in October. Brickken CEO Edwin Mata said the outflows should not be read as a rejection of digital assets, as investors reduce exposure when uncertainty rises.
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