Binance began a phased resumption of withdrawals at 06:00 UTC on November 1, 2026. By 12:36 UTC, withdrawals had been restored for all 15 networks and assets included in Phase 1. Following an initial surge, withdrawal volumes declined and stabilized as expected, while deposit volumes remained strong.
Between 06:00 and 15:30 UTC on November 1, we processed $4.649 billion in withdrawals and $1.01 billion in deposits, resulting in a net outflow of approximately $3.64 billion. This represents 2.1% of our total Assets Under Management (AUM) of $171 billion, based on the latest available Proof of Reserves (PoR) data from October 28, 2026.
A new Proof of Reserves snapshot was taken at 00:00 UTC on October 31, and Zero-Knowledge Proof (ZKP) calculations have begun. The updated report is expected to be available on our PoR website tomorrow.
Our team continues to conduct thorough testing on the remaining networks and assets. We understand how crucial safe and reliable access to your funds is, and we will share details regarding the next phase as soon as possible. We reassure you that market conditions remain stable.
Thank you for your patience and continued support.$ESPORTS
