Binance Sees $3.64 Billion Net Outflow After Resuming Withdrawals Following Security Breach

Binance has reported a net outflow of $3.64 billion after resuming cryptocurrency withdrawals in phases. The exchange has also shared an update on the networks where withdrawals are available, while the US Secret Service continues investigating a major cryptocurrency theft involving Binance Global.

Binance Records $3.64 Billion Net Outflow; CZ Comments On User Trust

Binance began restoring withdrawals in phases at 06:00 UTC on November 1, 2026. By 12:36 UTC, withdrawals had resumed for all 15 networks and assets covered in the initial phase.

In a post on X, formerly Twitter, the exchange said it had processed $4.649 billion in withdrawals and $1.01 billion in deposits between 06:00 and 15:30 UTC on November 1. This resulted in a net outflow of approximately $3.64 billion.

The exchange said, “This represents 2.10 per cent of our $171 billion in total assets under management (AUM), based on the latest available Proof of Reserves (PoR) data as of October 28, 2026.”

The exchange said withdrawal volumes had declined after an initial spike and were stabilising, while deposit volumes remained substantial. It also said a new PoR snapshot had been taken on October 31, 2026 with zero-knowledge proof computation underway.

Binance co-founder Changpeng Zhao, popularly known as CZ, said in a separate post that the net outflow stood at 2.10 per cent 12 hours after withdrawals resumed, with most of it occurring during the first couple of hours. CZ said that 98 per cent of users chose to stay with the exchange. CZ added: “Trust isn’t earned by what you say in good times. It’s earned by what you do in hard times.”

Binance Lists Enabled Withdrawal Networks

In a subsequent withdrawal update, Binance listed 15 networks across which withdrawals had been re-enabled. These included Bitcoin (BTC), Ethereum (ETH), BNB Smart Chain (BSC), XRP, Base, Dogecoin (DOGE), Optimism (OP), Arbitrum, Tron (TRX), Solana (SOL), Polygon (MATIC), Avalanche C-Chain (AVAXC), Zcash (ZEC), TON and Sui (SUI).

The available assets included BTC on the Bitcoin network; ETH, USDT and USDC on Ethereum; BNB, USDT and USDC on BNB Smart Chain; XRP on the XRP network; ETH and USDC on Base; and DOGE on Dogecoin. Withdrawals were also available for ETH, USDT and USDC on Optimism and Arbitrum, ARB on Arbitrum, TRX and USDT on Tron, and SOL, USDT and USDC on Solana.

On Polygon, withdrawals were available for POL, USDT and USDC, while the Avalanche C-Chain supported AVAX, USDT and USDC. The list also included ZEC on Zcash, USDT and GRAM on TON, and SUI on the Sui network. The exchange said it would continue restoring additional assets and networks in phases after completing security checks.

Meanwhile, the US Secret Service said it was continuing with its investigation into the theft of more than $6 billion in cryptocurrency from Binance Global.

In a post on X, the agency said its investigators had worked with industry partners within minutes of the incident on Thursday afternoon to identify and freeze a significant portion of the stolen cryptocurrency. The investigation is continuing with the Federal Bureau of Investigation (FBI), Internal Revenue Service Criminal Investigation (IRS-CI), the US Attorney’s Offices for the District of Columbia and the Central District of California, and other Department of Justice units.