binance users withdrew 25,793 btc between november 1 and 2 after withdrawals reopened, more than the 18,270 btc taken in the october 29 hack. the outflows marked the largest single-day withdrawals of the year for $BTC , $ETH , usdt and usdc. by november 3, eth, usdt and usdc had already flipped back to net inflows, while btc outflows slowed. the initial rush of withdrawals faded within a couple of days as the exchange continued restoring services. the hack itself was the largest on record at roughly $6.3 billion. bitcoin’s maximum drawdown in the first 112 hours after the incident was about 5.7%. cryptoquant’s comparison of 38 exchange hacks of $20 million or more since 2014 shows that 14 of those events produced a deeper bitcoin decline in the same window. past cases such as bybit 2025, coincheck 2018 and mt. gox 2014 saw larger short-term drops. binance said it would cover the losses from its safu fund and company reserves, and roughly $3 billion of the stolen assets were frozen by issuers. the user withdrawal numbers reflect a temporary reaction to the news rather than a sustained drain, and the price impact stayed moderate relative to the size of the theft. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# $BTC $ETH