Binance: Net outflow of approximately US$3.64 billion after resuming withdrawals, accounting for 2.10% of total assets.

PANews November 2 news: Binance posted on X platform that Binance has resumed withdrawals in phases starting from 14:00 Beijing time on November 1. As of 20:36, withdrawals had been fully restored across all 15 networks and assets in the first phase. From 14:00 to 23:30 on November 1, Binance processed a total of $4.649 billion in withdrawals and $1.01 billion in deposits, with a net outflow of approximately $3.64 billion, accounting for 2.10% of its total assets of $171 billion (based on the proof-of-reserves data from October 28). Binance stated that withdrawal volume surged initially and has since declined and stabilized, while deposit volume remains at a relatively high level; a new proof-of-reserves snapshot was completed at 08:00 on October 31, and the updated report is expected to be published on November 2. The remaining networks and assets are still being tested, and the next phase arrangements will be announced as soon as possible.