Binance reopens withdrawals in phases, starting with bitcoin after a $6.3 billion hack
CoinDesk reports that Binance is gradually reopening cryptocurrency withdrawals, starting with bitcoin, following a hack reportedly worth $6.3 billion. The event changes the exchange’s withdrawal status and directly affects users holding assets on Binance.
What changed
According to CoinDesk (published at 10:35:42 UTC on 01/11/2026), Binance is gradually reopening cryptocurrency withdrawals, starting with bitcoin, following a hack described in the headline as worth $6.3 billion. The key change is the status of the withdrawal service: instead of being completely closed, the exchange is gradually reopening withdrawals for different asset groups. The source names bitcoin as the first asset for which withdrawals have reopened; no further information…
Who is affected and how the market is pricing it
Those directly affected are users with assets on Binance, especially bitcoin holders, since bitcoin is the first asset for which withdrawals have reopened. From a market perspective, Binance Futures data at 11:45 UTC on 01/11/2026 shows BTC trading around $77,927, up about 0.6% over 24 hours; ETH around $2,268, up about 0.9% over 24 hours; and SOL around $95.25, down about 0.5% over 24 hours. 1h RSI…
Contrary scenario: If prices reverse after the news has already been priced in, the initial impact scenario no longer applies.
Sources: CoinDesk (17:35 01-11) · Binance Futures (18:45 01-11)
This is educational technical analysis, not investment advice. Cryptocurrency trading involves high risk, and you could lose all your capital. Do your own research and take responsibility for your decisions.
#Binance #Crypto #Futures
CoinDesk reports that Binance is gradually reopening cryptocurrency withdrawals, starting with bitcoin, following a hack reportedly worth $6.3 billion. The event changes the exchange’s withdrawal status and directly affects users holding assets on Binance.
What changed
According to CoinDesk (published at 10:35:42 UTC on 01/11/2026), Binance is gradually reopening cryptocurrency withdrawals, starting with bitcoin, following a hack described in the headline as worth $6.3 billion. The key change is the status of the withdrawal service: instead of being completely closed, the exchange is gradually reopening withdrawals for different asset groups. The source names bitcoin as the first asset for which withdrawals have reopened; no further information…
Who is affected and how the market is pricing it
Those directly affected are users with assets on Binance, especially bitcoin holders, since bitcoin is the first asset for which withdrawals have reopened. From a market perspective, Binance Futures data at 11:45 UTC on 01/11/2026 shows BTC trading around $77,927, up about 0.6% over 24 hours; ETH around $2,268, up about 0.9% over 24 hours; and SOL around $95.25, down about 0.5% over 24 hours. 1h RSI…
Contrary scenario: If prices reverse after the news has already been priced in, the initial impact scenario no longer applies.
Sources: CoinDesk (17:35 01-11) · Binance Futures (18:45 01-11)
This is educational technical analysis, not investment advice. Cryptocurrency trading involves high risk, and you could lose all your capital. Do your own research and take responsibility for your decisions.
#Binance #Crypto #Futures
