FeesSafety
Pluang+

Coinbase Bitcoin discount hits yearly high due to Binance freeze blocking arbitrage

Market News
01 Nov 2026, 18:36 WIB
UToday
View Source
Bearish
Coinbase Bitcoin discount hits yearly high due to Binance freeze blocking arbitrage

Coinbase's Bitcoin discount reached its highest level in a year after Binance froze withdrawals following a $6.3 billion hack. This freeze blocked cross-exchange arbitrage, trapping liquidity and causing an artificial price gap where Bitcoin was cheaper on Coinbase than Binance. Binance has started reopening withdrawals, and the market is watching to see if the price gap closes, which would indicate the anomaly was technical. If the gap persists, it could signal a real decline in U.S. investor demand for Bitcoin.

Binance Coin (BNB) trades at Rp12.918.389 on Pluang as of Nov 02, 2026 00:02 WIB. The coin shows a 1.05% gain in the last day with a market cap of Rp1.694,55T. Pluang users currently favor buying BNB at 68%, holding for about 90 days on average, reflecting steady interest despite recent market disruptions.

More News (BNB)

Bitcoin posts worst October since 2014, down 7.32% amid $6.3B Binance hack turmoil.

Bitcoin posts worst October since 2014, down 7.32% amid $6.3B Binance hack turmoil.

Bitcoin closed October 2026 down 7.32%, marking its worst October performance since 2014 and the first back-to-back losing Octobers since 2011-2012. The decline was driven by a $6.3 billion hack on Binance, which caused significant market disruption ...

Market News
Bearish
5 hours ago
Scam warns Binance users via fake Telegram transfers to move assets to a bogus vault.

Scam warns Binance users via fake Telegram transfers to move assets to a bogus vault.

A scam circulating on Telegram uses fake Binance announcements embedded in small GRAM transfers to falsely claim the exchange was hacked. The messages urge recipients to move their assets to a so-called "Binance vault," misleading users into transfer...

Market News
Bearish
6 hours ago
2M Solana tokens worth $190M moved from Binance to unknown wallet, sparking market watch.

2M Solana tokens worth $190M moved from Binance to unknown wallet, sparking market watch.

Two million Solana (SOL) tokens valued at approximately $189.9 million were transferred from Binance to an unidentified wallet on November 1. This move took the tokens off the exchange but did not indicate a sale. Traders are closely monitoring the r...

Neutral
6 hours ago
$1.94B in large crypto transfers hit exchanges, led by $348M Tether move to Binance

$1.94B in large crypto transfers hit exchanges, led by $348M Tether move to Binance

In a three-hour period ending at 10 a.m. ET Sunday, ten large cryptocurrency transfers totaling $1.94 billion were recorded, with the largest being a $348.4 million Tether (USDT) transfer to Binance. Exchange outflows exceeded inflows, signaling sign...

Neutral
6 hours ago
Binance to restart XRP withdrawals Nov 1 after $6.3B token loss in security breach

Binance to restart XRP withdrawals Nov 1 after $6.3B token loss in security breach

Binance plans to restart XRP withdrawals on November 1 between 1–4 a.m. ET following a security breach on October 29 that resulted in an estimated $6.3 billion loss in token assets. The exchange reported that about $3 billion of assets were frozen on...

Market News
Bearish
7 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App