November 1 Market Overview: Binance to gradually resume withdrawals on 15 networks, according to Update #4 ; $BTC closed at 78,354, up 1.0%, marking the 11th consecutive day closing below the 82,563 range floor; after selling all its TRX, the hacker switched to $SOL , swapping just 1.5% of the 956,000 tokens; TRX rebounded 3.1%, while LSK fell 17.4%

【Highlights】About $5.5 billion was withdrawn on-chain across 12 networks throughout the day (not net of deposits; see Figure 3 for each network). The Ethereum network led with about $2.76 billion, followed by the Bitcoin network with 17,107 BTC. The next milestone is whether the full zero-knowledge proof of reserves can be released on schedule on November 3. The hacker's 18,000 BTC match 19 addresses disclosed by the FBI, and the 233 million XRP have also remained untouched. The SOL was bridged via Relay and swapped for only about 13 BTC; activity largely stalled after 00:00 on the 2nd, Beijing time. BTC holdings fell by 1,684, with leverage edging down. Outlook: Before the proof of reserves is implemented, a return to 82,563 for BTC seems unlikely; first, watch whether the 30-day low of 76,326 holds.

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