【Background Analysis】Binance’s 9th withdrawal update: Check BTC network status separately
Date of original information: November 6, 2026. At 03:06 UTC that day (11:06 Beijing time), Binance officially issued its 9th resumption update, saying that withdrawals for more assets and networks would reopen in stages starting at 04:00 UTC (12:00 Beijing time), and reminding users that not all networks and assets would resume at the same time. The newly added list did not include the native BTC network/BTC. Earlier official updates had listed the BTC network as having resumed in the first phase, so the omission of BTC from the “newly added list” in the 9th update should not be interpreted as BTC withdrawals having been suspended or resumed again.
Binance’s official Chinese-language account also said that, as of 11:00 that day (UTC+8), hourly deposits were higher than hourly withdrawals, but did not provide specific amounts. This directional statement does not mean there was a net outflow for the day, is not data specific to the BTC chain, and cannot replace spot trading volume.
Why this matters: Withdrawal status is tracked by “asset + network,” and representations of BTC on different chains should not be conflated. Next, monitor the official real-time status of the native BTC network, and separately record BTC withdrawals, deposits, net flows, and spot trading volume over the same time window. The sources currently provide none of these specific figures.
If you’d like to follow major crypto news and its implications, feel free to follow me—I’ll keep posting updates every day. If anything is unclear, or you have a different take, feel free to share it in the comments. Let’s look into it together.
Date of original information: November 6, 2026. At 03:06 UTC that day (11:06 Beijing time), Binance officially issued its 9th resumption update, saying that withdrawals for more assets and networks would reopen in stages starting at 04:00 UTC (12:00 Beijing time), and reminding users that not all networks and assets would resume at the same time. The newly added list did not include the native BTC network/BTC. Earlier official updates had listed the BTC network as having resumed in the first phase, so the omission of BTC from the “newly added list” in the 9th update should not be interpreted as BTC withdrawals having been suspended or resumed again.
Binance’s official Chinese-language account also said that, as of 11:00 that day (UTC+8), hourly deposits were higher than hourly withdrawals, but did not provide specific amounts. This directional statement does not mean there was a net outflow for the day, is not data specific to the BTC chain, and cannot replace spot trading volume.
Why this matters: Withdrawal status is tracked by “asset + network,” and representations of BTC on different chains should not be conflated. Next, monitor the official real-time status of the native BTC network, and separately record BTC withdrawals, deposits, net flows, and spot trading volume over the same time window. The sources currently provide none of these specific figures.
If you’d like to follow major crypto news and its implications, feel free to follow me—I’ll keep posting updates every day. If anything is unclear, or you have a different take, feel free to share it in the comments. Let’s look into it together.