Binance Posts 2.1 Percent Net Outflow in First 12 Hours After Withdrawals Resume
AI Market Summary
Binance restored withdrawals across all 15 initial networks within hours, with only a 2.1% net outflow on over $1 billion in flow, concentrated in the first two hours. The data points to contained contagion rather than a bank-run dynamic, and stabilizing volumes reduce the odds of forced liquidation or a broader exchange-driven drawdown. Residual reputational risk to BNB persists, but near-term systemic stress appears limited.
Impact level
● Medium
Affected assets
BNB/USDT+0.59%
AI Insight · BNB/USDTAI Insight
● Neutral
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Binance resumed withdrawals in phases starting at 0600 UTC on November 1, 2026, and by 1236 UTC all 15 networks and assets in the initial phase were live. Twelve hours in, the exchange recorded a 2.1 percent net outflow with more than 1 billion dollars in total flow. Most withdrawals came in the first couple of hours, and volumes have since declined and are stabilising as expected.