Binance net outflows reach $5.3 billion after record hack. CEO says recovery underway
Bullish strength: 30/100
- Hourly deposits exceeded withdrawals by approximately $10 million by Nov. 3.
- Outflows slowed significantly after peaking on Nov. 1.
Bearish strength: 70/100
- $5.28 billion in cumulative net customer outflows following the hack.
- $6.4 billion security breach attributed by the FBI to North Korea's TraderTraitor group.
- Withdrawals reached $10.97 billion within 46 hours.
- Peak hourly net outflows reached $936 million.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.