Binance (BNB) Net Inflows Turn Positive at $2.3B After Record Hack

By Nodora News · 3 November 2026

Binance (BNB) saw about $2.3B in net inflows on Nov. 3 as more withdrawals reopened, reversing the heavy outflows that followed its $6.3B hack.

Binance (BNB) has seen money start flowing back in. On Tuesday, November 3, 2026, the exchange recorded about $2.3 billion in net inflows over 24 hours, according to DefiLlama data reported by Cointelegraph. That's a sharp turnaround from Monday, when more than $7 billion left the platform in a single 24-hour window as customers rushed to pull funds after the record $6.3 billion hack on October 29.

Binance itself said that by 03:00 UTC on Tuesday, hourly deposits had started to exceed withdrawals, which it described as a sign of "improving user activity and stabilizing flows."

Key takeaways

• Binance logged roughly $2.3 billion in 24-hour net inflows on Nov. 3, the most of any centralized exchange tracked by DefiLlama.
• On Monday, the same measure showed more than $7 billion in net outflows.
• Binance's own chart shows $10.97 billion withdrawn and $5.70 billion deposited in the first 46 hours after withdrawals reopened, a net outflow of about $5.28 billion.
• The shift came as Binance opened a second phase of withdrawals covering dozens more tokens on Ethereum and Solana.
• One positive day is not yet a trend, and different data trackers show different totals.

What happened at Binance on November 3

Binance froze withdrawals after attackers drained more than $6.3 billion from its hot wallets on October 29. Hot wallets are the internet-connected wallets an exchange uses for day-to-day deposits and withdrawals. The FBI has attributed the attack to a North Korea-backed group it tracks as TraderTraitor, which Pyongyang has denied.

The exchange began restoring withdrawals in phases from 06:00 UTC on Sunday, November 1. That first window triggered a wave of withdrawals, which we covered in Binance (BNB) Sees $3.64B Net Outflows as Withdrawals Reopen. A second phase started at 04:00 UTC on Tuesday, adding 31 more assets on Ethereum and 20 on Solana, with more networks such as BNB Smart Chain, XRP Ledger, Sui, Arbitrum, Optimism, Tron and Base to follow. Our earlier report, Binance (BNB) Opens Phase 2 Withdrawals as Exchange Outflows Slow, has the details.

In a post on X at 05:51 UTC on Tuesday, Binance shared a chart of hourly deposits and withdrawals. In the last hour shown, starting at 03:00 UTC, deposits were about $193 million against $183 million in withdrawals, a small net inflow of about $10 million.

The numbers: how big are Binance's inflows?

Net flow simply means money in minus money out over a set period. Because each tracker watches a slightly different set of wallets and uses a different time window, the figures don't line up exactly:

• DefiLlama (via Cointelegraph): about $2.3 billion in 24-hour net inflows for Binance, ahead of Bitfinex (about $280 million) and Bitget (about $127 million).
• Binance-tracked wallets (via TokenPost): $1.822 billion in net inflows over the 24 hours to 09:29 UTC, with about $127.7 billion of assets held in those wallets.
• CoinGlass (via ChainCatcher): about 627 million USDT in net inflows over 24 hours.
• Binance's own chart: $10.97 billion out and $5.70 billion in over the 46 hours from 06:00 UTC on Nov. 1, so the platform is still about $5.28 billion lower than before the reopening.

The direction is the same across every source: the bank-run-style rush has cooled, and for at least part of Tuesday more money arrived than left.

Why the turnaround matters for Binance and crypto markets

Large outflows after a hack are a stress test. If customers keep pulling funds, an exchange has to prove it can pay everyone, often by selling assets or moving coins out of cold storage. Inflows suggest that some users who left are coming back, or that traders are returning to trade.

Binance has said it replaced about 95% of the stolen assets using company money and its SAFU fund (its Secure Asset Fund for Users, an emergency reserve). The remaining 5% sits in less liquid tokens that take longer to buy. It also published a zero-knowledge proof of reserves for 10 major tokens, letting users check that their balances are backed at least 1:1 without revealing anyone else's data. A fresh snapshot covering more tokens is planned for November 4.

There are caveats. Exchange.news, looking at Binance's chart, noted that most hours were still net outflows and the turn was recent. Binance's SAFU fund has also fallen below the level its own rules say should trigger a top-up, and the exchange hasn't said when it will refill it, as covered in Binance SAFU Fund Halved After Hack as Proof of Reserves Lands.

Market reaction: BNB, Bitcoin and Ethereum prices

Prices were calm as the flows reversed. According to OKX at the time of writing:

• BNB: about $701.80, down 0.4% in 24 hours
• Bitcoin (BTC): about $77,464, down 0.5%
• Ethereum (ETH): about $2,286, flat

BNB slipped under $700 earlier on Tuesday as a sell-off in US chip stocks hit risk assets, but it has held near that level since. Wider markets are also waiting on the US midterm elections, which add another source of uncertainty this week. You can track more coins on the Nodora charts page.

What to watch next

• Whether inflows last. One positive day after a record outflow is encouraging, but a few more days of steady or positive flows would say much more about confidence.
• The next withdrawal phase. Binance is still reopening networks one by one, and each must pass separate security checks.
• The November 4 reserve snapshot. Binance says the proof takes about 40 to 50 hours to generate after the snapshot, depending on how many tokens are included.
• SAFU refill. Any update on when Binance tops the fund back up would be an important signal.
• Stolen funds. Investigators are still tracing the hackers' laundering through bridges and other chains.

This article is for information only and is not financial advice.

#Binance #BNB #Exchange flows #Hack #Bitcoin

This article is general information, not financial advice.