# Binance Sees $3.64 Billion Net Outflow as Withdrawals Reopen

By [The BSCN Debrief](https://paragraph.com/@bscnalpha), 2026-11-02

bsc news brief, crypto news

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Binance processed $4.649 billion in withdrawals against $1.01 billion in deposits during the first nine and a half hours after reopening on November 1, creating a net outflow of $3.64 billion. Co-founder Changpeng Zhao noted this represented 2.1% of the exchange's $171 billion in total assets, with 98% of users choosing to keep funds on the platform.

The exchange restarted withdrawals in phases following a $6.3 billion theft last week. The initial phase covered 15 networks including Bitcoin, Ethereum, Solana and BNB Smart Chain. Binance has replaced approximately 95% of stolen assets and continues security checks on remaining networks before fully restoring all withdrawal services.

**Read the full story on BSC News:** [Binance Records 2.1% Net Outflow After Resuming Withdrawals, Co-Founder CZ Says 98% of Users Stayed](https://bsc.news/news/binance-net-outflow-withdrawals-resume-cz?utm_source=paragraph&utm_medium=brief&utm_campaign=article_wire)

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*Originally published on [The BSCN Debrief](https://paragraph.com/@bscnalpha/binance-sees-dollar364-billion-net-outflow-as-withdrawals)*