Market Update Nov 3 Per Binance Data
Per Binance Nov 1 disclosure: First reopening processed $4.65B withdrawals + $1.01B deposits = $3.64B net outflow in 9.5 hrs. This equaled 2.1% of $171B AUM per proof-of-reserves.
Per Binance Recovery Plan: Restoring access by network and asset group with security controls before each phase. Second phase began Nov 3 04:00 UTC expanding across 9 networks per Recovery Update #6.
9 Networks in Phase 2: BNB Smart Chain, Ethereum, Solana, XRP Ledger, Sui, Arbitrum, Optimism, Tron, Base.
BTC was trading at $76,435, BNB at $694.41 at time of Binance reopening per market data.
Per Binance warning: Beware of fake compensation/support offers. Anyone promising to expedite withdrawals for a fee is a scam.
Source: Binance Recovery Updates Nov 1-3
#bitcoin #BinancePick $BTC $BNB $ETH
Per Binance Nov 1 disclosure: First reopening processed $4.65B withdrawals + $1.01B deposits = $3.64B net outflow in 9.5 hrs. This equaled 2.1% of $171B AUM per proof-of-reserves.
Per Binance Recovery Plan: Restoring access by network and asset group with security controls before each phase. Second phase began Nov 3 04:00 UTC expanding across 9 networks per Recovery Update #6.
9 Networks in Phase 2: BNB Smart Chain, Ethereum, Solana, XRP Ledger, Sui, Arbitrum, Optimism, Tron, Base.
BTC was trading at $76,435, BNB at $694.41 at time of Binance reopening per market data.
Per Binance warning: Beware of fake compensation/support offers. Anyone promising to expedite withdrawals for a fee is a scam.
Source: Binance Recovery Updates Nov 1-3
#bitcoin #BinancePick $BTC $BNB $ETH