Binance: Hourly deposits exceed withdrawals for three days at noon
Original headline바이낸스, 3일 정오 시간당 입금액 출금액 웃돌아
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Binance said hourly deposits exceeded withdrawals as of noon Korea time on Nov. 3, a sign of stabilizing fund flows as the exchange gradually restores services after a withdrawal halt. In a post on X, Binance said user activity was improving and fund flows were trending toward stability, though the figure reflects only that hour's comparison and does not mean cumulative net outflows since withdrawals resumed have been reversed. After reopening withdrawals on Nov. 1, Binance processed $4.649 billion in withdrawals against $1.010 billion in deposits in the first 9 hours 30 minutes, leaving roughly $3.64 billion in cumulative net outflows. The update matters because deposit inflows outpacing withdrawals is an early indicator of user confidence returning following the halt. Watch for whether the hourly inflow surplus persists and whether Binance discloses updated cumulative net-flow figures as service restoration continues.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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