Binance founder CZ reposted a public observation at 09:32 on November 5 (UTC+8), with the caption: “Users vote with their money.” (Users vote with their feet.) The reposted content said that Binance’s tracked assets had recovered by about $3.4 billion within roughly two days of withdrawals gradually resuming on November 1, while assets at several other major exchanges changed little over the same period. The observer speculated that many people first moved their funds to self-custody wallets, then transferred them back to Binance—their money can be stolen, but trust is not so easily taken away.
Looking at publicly available fund flows, DefiLlama shows that Binance still recorded a net inflow of about $770 million over the past 24 hours. It continued to see net outflows over the past week, but the amount had narrowed significantly. The platform had previously stressed that losses from the security incident would be covered with its own funds, and that withdrawals would resume in stages. Update No. 7, issued on the evening of November 4, also said that about 98% of the affected assets had been replenished; the remaining roughly 2% had limited liquidity and would continue to be bought gradually through the market and over the counter. This means the platform is replenishing its reserves while watching to see whether users are willing to put their money back.
In the market, $BTC spot-traded at around $80,600, up about 5.2% over the past 24 hours; $BNB was around $717, up about 4%. Whether fund inflows can stabilize remains to be seen; it will also depend on whether deposits and withdrawals maintain a steady pace.
#BNB #币安 #行情 does not constitute investment advice.
Looking at publicly available fund flows, DefiLlama shows that Binance still recorded a net inflow of about $770 million over the past 24 hours. It continued to see net outflows over the past week, but the amount had narrowed significantly. The platform had previously stressed that losses from the security incident would be covered with its own funds, and that withdrawals would resume in stages. Update No. 7, issued on the evening of November 4, also said that about 98% of the affected assets had been replenished; the remaining roughly 2% had limited liquidity and would continue to be bought gradually through the market and over the counter. This means the platform is replenishing its reserves while watching to see whether users are willing to put their money back.
In the market, $BTC spot-traded at around $80,600, up about 5.2% over the past 24 hours; $BNB was around $717, up about 4%. Whether fund inflows can stabilize remains to be seen; it will also depend on whether deposits and withdrawals maintain a steady pace.
#BNB #币安 #行情 does not constitute investment advice.
