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Binance reopens HYPE and APT withdrawals after $6.3B hack; reserves for BTC, ETH, and stablecoins drop significantly.

Market News
09 Nov 2026, 00:30 WIB
Bitcoin
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Binance reopens HYPE and APT withdrawals after $6.3B hack; reserves for BTC, ETH, and stablecoins drop significantly.

Binance has resumed withdrawals for the altcoins HYPE and APT ahead of schedule as part of its recovery from the $6.3 billion hack on October 29, 2026. Data from Cryptoquant shows Binance's bitcoin reserves have decreased by about 56,000 BTC and ethereum reserves by 400,000 ETH since before the hack, with stablecoin reserves shrinking by $9 billion. Although withdrawal pressures initially surged, recent data indicates stabilization in daily flows. Binance continues to rebuild its services and restore investor confidence, but the financial impact of the hack remains evident in its diminished reserves.

Following Binance's restoration of HYPE and APT withdrawals, Binance Coin (BNB) on Pluang trades at Rp12,321,943 as of Nov 09, 2026 05:41 WIB, down 1.96% in one day. This price is within a market cap of Rp1.656,22 trillion and a 24-hour volume of Rp10.8 trillion. Despite the recent outflows from Binance's reserves, BNB's circulating supply remains fully available at 131.5 million coins, with a balanced order activity of 49% sell and 51% buy, reflecting ongoing investor engagement.

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