Binance Sees Deposits Overtake Withdrawals as It Covers 95% of Stolen Assets
Bullish strength: 65/100
- Hourly deposits exceeded withdrawals by approximately $10 million in the latest reported interval.
- Binance says it has replenished approximately 95% of the $6.3 billion in stolen assets.
- Withdrawal access is being restored across multiple blockchain networks.
- Binance co-CEO Richard Teng said withdrawal activity had pretty much normalized.
Bearish strength: 35/100
- Cumulative net outflows reached approximately $5.276 billion over 46 hours.
- The exchange still needs to replenish the remaining 5% of affected assets.
- The security investigation and recovery process remain incomplete.
- The FBI attributed the $6.3 billion theft to North Korean state-backed hackers.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.