Binance net outflows reach $5.3 billion after record hack. CEO says recovery underway

2h ago

TLDR — Nearly $11 billion left the exchange over 46 hours, although CEO Richard Teng said hourly deposits were beginning to exceed withdrawals.

Signal data▼ Bearishconfidence 90%High materiality

AssetEventexchange-incidentEvent timeNov 3, 12:57 UTCAttention0 readers/hrNormalSmart readers0

Nearly $11 billion left the exchange over 46 hours, although CEO Richard Teng said hourly deposits were beginning to exceed withdrawals.

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