🔥Binance retains $128.8 billion in total assets after experiencing a significant wave of user withdrawals, followed by the $6.3 billion hack.
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Binance Square claimed the platform had "only" 128.8 billion USD left, but official company updates and on-chain metrics show the platform's AUM sat at $171 billion just before the incident and only dipped by 3.5% due to subsequent withdrawals.
The exchange experienced a net outflow of roughly $5.6 billion after it resumed phased withdrawals on November 1, 2026.
Co-CEO Richard Teng confirmed that the exchange remains financially strong and has already utilized its corporate reserves and emergency funds to cover 95% of the impacted assets so that users do not absorb any financial loss.
Furthermore, real-time data indicates the withdrawal pressure has normalized, with hourly deposits beginning to outpace withdrawals again.
$BNB $BTC $ETH
Binance Square claimed the platform had "only" 128.8 billion USD left, but official company updates and on-chain metrics show the platform's AUM sat at $171 billion just before the incident and only dipped by 3.5% due to subsequent withdrawals.
The exchange experienced a net outflow of roughly $5.6 billion after it resumed phased withdrawals on November 1, 2026.
Co-CEO Richard Teng confirmed that the exchange remains financially strong and has already utilized its corporate reserves and emergency funds to cover 95% of the impacted assets so that users do not absorb any financial loss.
Furthermore, real-time data indicates the withdrawal pressure has normalized, with hourly deposits beginning to outpace withdrawals again.
