binancereopens87networks

Binance reopened withdrawals on 87 networks after the $6.3B hack, full access targeted by Nov 22. $BTC still slides 2.9% near $65K. Hold $62K and the recovery story gets room; lose it and fear wins. Recovery or just relief? #BinanceReopens87Networks #Binance #BinanceSquare

#binancereopens87networks

🎉 Good News For Binance Family! Withdrawal Gates Are Open Again!

Binance has reopened withdrawals on 87 networks after the security incident on 29/10!

After the shock at the end of October, the Binance team worked day and night and has now reopened withdrawals for 87 networks like APT, NEAR, AVAX, TIA! Next weekend they will go full power and reopen all remaining networks! Slow but steady, no more waiting hour by hour!

💡 What should traders do right now? Check the network status before you transact, to avoid stuck orders from sudden traffic surge. Try a small test withdrawal first, and calmly wait if the system is a bit laggy!

⚠️ This is not financial advice.👇✨

$BNB - Watch for withdrawal reopen pump, strong.
$NEAR - Watch for 87 networks reopen, strong.
$AGT - Watch for Binance trust return, strong.
✨𝐅𝐀𝐑𝐙𝐀𝐍𝐀 𝐇𝐀𝐌𝐄𝐄𝐃 𝐎𝐅𝐅𝐈𝐂𝐈𝐀𝐋 • 🦋 ✨

#CryptoNews #Withdrawals #Blockchain #CryptoSecurity

#BinanceReopens87Networks
🏦 BINANCE REOPENS WITHDRAWALS ON 87 NETWORKS AFTER $6.3 BILLION THEFT
Hey everyone, Binance just announced that it has reopened withdrawals on 87 networks this week following the $6.3 billion theft on 10/29, and aims to reopen all remaining networks and assets before the end of next week. The exchange said it has recovered about 95% of the stolen cryptocurrency and pledged to fully reimburse customers. The FBI attributed the theft to the North Korean hacker group TraderTraitor. This is the largest cryptocurrency theft ever, and the exchange has been reopening withdrawals in stages since early November after tightening security checks. $BTC Perpetuals hover around $65,388; markets remain in the red as concerns about a Fed rate hike persist.
Biggest moves in perpetuals today: $H 0,0188 dollars, $ICP 2,33 dollars
#Binance #RutTien #Crypto

Bitcoin dropped to $62,000 😂😅 (a three-month low), Ethereum fell to $1,730, and Solana to $67.
The immediate cause wasn’t just the Anthropic stock story and global events.
A series of brutal liquidations: breaking below the 200-day moving average (around $73,000) opened the door to a wave of selling. Long positions worth $1.3 billion were wiped out on Friday, followed by $1.9 billion in liquidations over 24 hours.
In short, the market was heavily leveraged, and the correction wiped out that debt. I see that as a key reason.

What happened today was a leverage flush, not the end of the market.
A drop this fast and this large is normal when there’s a lot of leverage in the market.
The only good news yesterday was that Binance announced it had re-enabled withdrawals across 87 networks, with the aim of restoring everything by the end of next week.

Watch $60,000, because it’s an important psychological level.
And of course, a rebound is likely after such a sharp drop; it could bring the market back to where it was, or even higher.

DYOR
$BTC
#BinanceReopens87networks