Binance customers withdrew a net $4.72 billion after withdrawals reopened, Reuters reports, citing the exchange. Binance puts that at about 2.8% of platform assets and says withdrawal volumes are stabilising. Dollar cash withdrawals returned on Monday, but most cryptocurrencies remained partly restricted. The report advances the reopening story with a larger outflow tally and another access milestone; analysts still warn that the security breach could curb institutional appetite for crypto.
Related currencies / asset groups: crypto
Reuters reports that Binance customers withdrew a net $4.72 billion since the suspension was lifted on Sunday morning, citing a spokesperson.
live.euronext.comReuters reports that dollar cash withdrawals returned on Monday, while most cryptocurrency withdrawals remained partially suspended.
live.euronext.comLimitation: stabilising withdrawal volumes do not establish full access restoration or eliminate institutional security concerns.
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