Binance Puts Net Outflow at 2.1% of Its $171 Billion in Assets as Withdrawals Restart
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Binance said net outflows totaled 2.1% of its roughly $171 billion in assets after the exchange restarted withdrawals following a recent hack, with deposits recovering about 22 cents for every dollar withdrawn and the exchange having replenished roughly 95% of the stolen funds. The figures suggest user confidence held up better than feared during the restart, though the modest deposit ratio indicates inflows have yet to meaningfully offset withdrawals. The exchange's $171 billion asset base remains among the largest in the industry, making the outflow rate a key gauge of contagion risk. Watch for whether the deposit recovery ratio improves as withdrawal queues clear and whether Binance discloses further details on the hack's cause and the remaining 5% of losses.
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