Latest Update
2026-11-04 17:32 UTC

Binance: $3.4B Asset Surge After Hack

Binance: $3.4B Asset Surge After Hack

CZ Binance shared data showing Binance tracked assets rose $3.4 billion in two days after withdrawals resumed post-hack while other major exchanges remained flat.

Source

Analysis

CZ Binance amplified a report showing Binance tracked assets climbed $3.4 billion within two days of resuming withdrawals after the recent hack, while assets at other major exchanges stayed largely unchanged.

Price action on the BNB 4h chart sits at $719.97 inside a bullish structure with EMA50 at $713.52 acting as immediate support and EMA200 at $736.16 capping upside. MACD prints a golden cross at 0.54 while RSI holds neutral at 58.99; with price pressing the upper Bollinger band at $722.97, a measured pullback toward the 50-EMA support remains the high-probability path before any extension higher.

CZ_BNB

@cz_binance

Founder 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.