Binance Withdrawal Rush – Why the Numbers Don’t Match

1 day ago 8

Rommie Analytics

Key Takeaways

  • Binance reports $3.6 billion in net outflows.
  • DefiLlama’s 24-hour window includes pre-reopening hours.
  • Most coins remained suspended on Sunday afternoon.
  • Next reserve report predates the withdrawal surge.

The exchange restarted withdrawals after covering most of the $6.3 billion stolen in the October 29 attack, Reuters reported, and put its net outflows at roughly $3.6 billion by 15:30 UTC.

Binance counted 9.5 hours, DefiLlama counted 24

Binance said it processed about $4.65 billion in withdrawals and $1.01 billion in deposits between 06:00 and 15:30 UTC on Sunday, according to The Block. Deposits offset roughly a fifth of what left, which is why the net figure sits near $3.6 billion rather than at the gross...

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