Binance withdrawals have finally resumed across a large number of networks, but don’t rush to declare the bull market back.
On November 14, Binance confirmed in an official announcement that it had reopened withdrawal services for 87 networks this week. The list is long and includes major assets such as APT, HYPE, LTC, NEAR, ADA, AVAX, FIL, ATOM, and STARKNET. The exchange also said it aims to restore withdrawals for all remaining networks and assets by the end of next week.
Since the incident in late October, withdrawals have gradually resumed—from BTC and ETH to the 87 networks now available—and the pace of recovery is indeed picking up.
But there’s one detail to keep in mind. The announcement also noted that high network traffic may cause delays for some users, so withdrawals might not arrive instantly.
More importantly, resumed withdrawals don’t mean new money is flowing in. They simply reopen a channel for those who previously “wanted to sell but couldn’t,” turning “unable to sell” into “able to sell.” For holders who were previously stuck, the reopening of withdrawals could actually bring the risk of potential selling pressure from unlocked holdings. A genuine buying signal will come when ETF fund flows turn positive, not when the withdrawal button turns green.
Do you think reopening these 87 networks will trigger a wave of selling, or will people keep holding?
Follow me for updates on the restoration of Binance’s remaining networks and fund flows.
$BNB $AVAX #提现恢复 $APT
Disclaimer: The content above is compiled solely from publicly available reports and does not constitute investment advice. Markets involve risks; please make decisions with caution.
On November 14, Binance confirmed in an official announcement that it had reopened withdrawal services for 87 networks this week. The list is long and includes major assets such as APT, HYPE, LTC, NEAR, ADA, AVAX, FIL, ATOM, and STARKNET. The exchange also said it aims to restore withdrawals for all remaining networks and assets by the end of next week.
Since the incident in late October, withdrawals have gradually resumed—from BTC and ETH to the 87 networks now available—and the pace of recovery is indeed picking up.
But there’s one detail to keep in mind. The announcement also noted that high network traffic may cause delays for some users, so withdrawals might not arrive instantly.
More importantly, resumed withdrawals don’t mean new money is flowing in. They simply reopen a channel for those who previously “wanted to sell but couldn’t,” turning “unable to sell” into “able to sell.” For holders who were previously stuck, the reopening of withdrawals could actually bring the risk of potential selling pressure from unlocked holdings. A genuine buying signal will come when ETF fund flows turn positive, not when the withdrawal button turns green.
Do you think reopening these 87 networks will trigger a wave of selling, or will people keep holding?
Follow me for updates on the restoration of Binance’s remaining networks and fund flows.
$BNB $AVAX #提现恢复 $APT
Disclaimer: The content above is compiled solely from publicly available reports and does not constitute investment advice. Markets involve risks; please make decisions with caution.