Binance transferred about 21,750 Bitcoin, valued at roughly $1.69 billion, from a cold wallet to a hot wallet. This move may be related to covering user losses, but Binance has not officially confirmed this purpose. The transfer confirms the amount and direction of the Bitcoin movement but does not clarify if or how the funds will be used for reimbursements. Until Binance provides more details, the funds cannot be considered as user compensation.
Following Binance's transfer of $1.69 billion in Bitcoin to a hot wallet, Binance Coin (BNB) shows steady activity on Pluang. As of Nov 02, 2026 08:03 WIB, BNB trades at Rp12.879.345 with a 1-day gain of 0.99%. The market cap stands at Rp1.693,54 trillion, supported by a 24-hour trading volume of Rp22,25 trillion, while Pluang users predominantly buy BNB with 68% buy orders and hold it typically for 90 days.
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