Binance’s net inflows turn positive at $2.3B as withdrawals expand
Bullish strength: 75/100
- Binance recorded $2.3 billion in net inflows over 24 hours, leading tracked centralized exchanges.
- The inflows reversed more than $7 billion in net outflows recorded on Monday.
- Hourly deposits began exceeding withdrawals, according to Binance.
- Approximately 95% of affected assets had been replaced.
- Binance pledged to cover hack-related losses using company resources and protection funds without passing them on to customers.
- Withdrawal services were progressively restored following the security checks.
Bearish strength: 25/100
- Binance suffered a $6.3 billion hack last week.
- Approximately 5% of affected assets remained to be replaced, consisting of less liquid tokens.
- The exchange had suspended withdrawals following the breach, creating significant disruption for customers.
- The FBI attributed the attack to North Korea, highlighting the scale and security implications of the incident.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.