Will confidence return to the market?

1. Guys, today, November 5: #Binance is gradually enabling withdrawals for 62 tokens (including AAVE, UNI, FLOKI, #1MBABYDO GE, LDO, ENS) across 6 different networks 👉 not all of them will be enabled at the same time; they are undergoing security reviews one by one

2. Surprise update: They announced that they have already recovered approximately 98% of the value of the funds affected by the previous incident and expanded their proof of reserves from 10 to 44 tokens to demonstrate solvency; the remaining 2% consists of illiquid assets and will take longer to replenish

3. Market context: Meanwhile, #btc recovered $80k after the U.S. election volatility, sparking a lot of speculation on social media about whether this will give users additional confidence to move funds again ✅

Let me know what you think of this news. Thanks for reading

#Binance #Withdrawals #ProofOfReserves #Market