Binance reports $5.3B-$11B in outflows after hack as deposits recover and market share slips to rivals
The outflow-then-return pattern is the clearest measure of customer confidence after the breach, with Bybit, Bitget, Coinbase and other venues courting fleeing users.
Read at Yahoo Finance Singapore →Full coverage · 7 outlets
- Yahoo Finance Singapore · lead
- CoinDeskPost-hack withdrawals trigger $5.3B net outflow from Binance, data shows
- CryptoSlateBinance reports $11 billion withdrawn in 46 hours as Zhao says few funds went to rivals
- CointelegraphBinance’s net inflows turn positive at $2.3B as withdrawals expand
- Yahoo Finance AustraliaOn the Chain: Bitcoin holds above US$77,000 as Binance flows improve and ETF pressure eases
- Yahoo FinanceBinance deposits overtake withdrawals, and the SEC creates crypto FAQs on governance
- CointelegraphBinance net outflows surge to $5.8B as withdrawals resume after record hack