A post by @binance on X.
Update: First batch network now opened in phase one of withdrawals is $BTC bitcoin network
@binance on X
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Binance announced that the first batch of withdrawals in phase one has opened on the Bitcoin network, marking the initial network activation in its phased withdrawal rollout. The update, shared via Binance's official X account, signals the exchange is progressively restoring withdrawal services, with Bitcoin ($BTC) the first asset network to be enabled. Phased withdrawals typically follow maintenance or security-related pauses, and the order of network reopenings is closely watched by traders for liquidity and arbitrage implications. The move matters because exchange withdrawal capacity is a key indicator of operational health and can influence short-term exchange flows for BTC. Market participants should watch for subsequent phases covering additional networks and assets, as well as any updates on withdrawal limits or processing times.
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