【Nov. 5 Crypto Briefing | Withdrawal Update #8 reopens withdrawals for another batch; BTC holds around $80,200; ETFs return to net inflows】

Market sentiment is noticeably less tense today than on the night of the election sell-off: BTC has stabilized above $80,000, Binance continues to reopen withdrawals in batches, and new security warnings have emerged around third-party APIs.

1. Binance Recovery Update #8: More assets to have withdrawals gradually reopened starting today Binance said withdrawals for more assets would gradually reopen starting at 12:00 Beijing time (04:00 UTC); they will not all reopen at once and will continue to be prioritized based on user demand over the past week. Each “network + asset” combination will be made available only after passing security checks. Supported networks include ETH, BSC, Base, TRON, Polygon, and Sui, among others. Listed assets include UNI, AAVE, LDO, ENS, FLOKI, INJ, PAXG, as well as JST/SUN/BTT on TRX. Deposits remain open. High traffic may cause delays; if a withdrawal fails, try again later. Check the network and address before withdrawing. The figures remain unchanged: about $2.85 billion of the approximately $6.34 billion stolen has been frozen; the platform is covering the shortfall itself, and as of its previous disclosure, about 98% of affected tokens had been replenished. A new PoR snapshot was taken at 00:00 UTC on Nov. 4, expanding coverage from 10 to 44 tokens; generating the zk proofs is still expected to take about 50–60 hours.

2. Market: BTC stabilizes around $80,200; U.S. spot ETFs end three-day outflow streak • BTC: Election sentiment briefly drove it down to around $75,600–$75,700, then it rebounded alongside U.S. stocks. Today it is holding roughly around $80,200–$80,300 (CoinDesk and others). ETH is around $2,410–$2,420; BNB around $715–$716. The Fear & Greed Index recovered to around 42 (near neutral). • Flows: U.S. spot BTC ETFs saw net inflows of about $74.6 million on Wednesday (Farside), ending a three-day outflow streak; ETH ETFs saw net inflows of about $53 million (SoSoValue). Short liquidations were relatively high in the market—part of the rebound came from short sellers being forced to close positions, so don’t treat a single candle as confirmation of a trend. • Side notes: INJ led gains after Nasdaq approved the listing-related materials for Canary’s staked INJ ETF; the Official TRUMP token weakened following poor midterm election results for Democrats.

3. CZ / He Yi: signs of returning funds + new security reminders CZ (@cz_binance): Reposted a post saying that about two days after withdrawals reopened, Binance assets tracked on-chain had recovered by about $3.4 billion, commenting, “Users vote with their money”; he also posted, “Bitcoin is resilient.” He issued several security reminders today: beware of phishing sites—.cam is not .com; if you have used the third-party service SignalPlus, revoke your API keys on all exchanges and don’t leave keys with third parties long-term; he also reminded users to keep iOS updated. He Yi (@heyibinance): Shared Update #8’s withdrawal list; also issued an urgent notice about potential security issues with SignalPlus—Binance proactively removed the associated API keys, and its own systems were not affected. Users who have used the service should log in to Binance directly to check their positions and open orders, wait for the provider to confirm the issue is fixed before reconnecting, and enable IP whitelisting. She also urged third-party platforms connected to Binance to review their risk controls and get in touch immediately if they detect anything unusual.

4. On-chain and regulatory odds and ends • Lookonchain: Spotted a Trump Media address transferring about 4,259 BTC (about $344 million); mining firm MARA transferred about 1,650 BTC (about $133 million) to Galaxy/Copper and others over the past 12 hours. Earlier tracking also showed that the Binance hacker is still splitting up SOL holdings, converting them to USDC → bridging to ETH → swapping for BTC via THORChain. • Brian Armstrong (@brian_armstrong): Announced that U.S. institutions can access global liquidity pools to trade options and perpetuals through Coinbase Prime. • Justin Sun (@justinsuntron): Said “quantum is coming faster than we think” and promoted TRON’s efforts to build a quantum-resistant network. • Public reporting (Reuters): Following the Binance incident, the Federal Reserve and OCC are asking banks about system anomalies and service disruption risks, examining the possibility of crypto security incidents spilling over into traditional finance.

In plain English: withdrawals remain open, PoR coverage has expanded to 44 tokens, and ETFs are seeing inflows again—three solid positive signals today. But third-party API risks, phishing, and hackers moving funds are still concerns, showing that “withdrawals are available” doesn’t mean “you can let your guard down.” Test withdrawals with a small amount first, verify through official channels, and revoke third-party keys where necessary.

#Binance #Bitcoin #BTC #BNB #Withdrawals #SAFU #Cryptocurrency #OnChainData

This is not investment advice.