Binance: 2.1% Net Outflow After Withdrawals Resume
Binance processed $4.649 billion in withdrawals against $1.01 billion deposits between 06:00 and 15:30 UTC on November 1, producing a $3.64 billion net outflow equal to 2.1% of its $171 billion AUM.
SourceAnalysis
Binance resumed phased withdrawals at 06:00 UTC on November 1, 2026. By 15:30 UTC the exchange recorded $4.649 billion in withdrawals and $1.01 billion in deposits, for a net outflow of $3.64 billion or 2.1% of its $171 billion assets under management. Most of the outflow occurred in the first hours after resumption and then declined, while deposits stayed steady. A fresh Proof of Reserves snapshot taken at 00:00 UTC on October 31 is scheduled for release tomorrow.
CZ_BNB
@cz_binanceFounder and former CEO of Binance, the world's largest cryptocurrency exchange. Shares insights on cryptocurrency adoption, blockchain technology development, and personal perspectives on building in the Web3 space, while navigating regulatory challenges and industry evolution.