Crypto Daily Scoop

$2 Billion Moves in the First 3 Hours After Binance Reopens Withdrawals

Crypto tracker Whale Alert flagged about $2 billion in Bitcoin (BTC), Ethereum (ETH) and dollar-pegged stablecoins leaving Binance within roughly three hours of the exchange reopening withdrawals Sunday.

Reported by 3 outlets Β· beincrypto.com Β· cryptobriefing.com Β· CoinDesk

Binance says it now pays out every withdrawal from brand-new wallets. Binance froze withdrawals after attackers took about $6.3 billion on October 29. For customers locked out since then, and for Bitcoin holders hoping for a relief rally, the question is whether this money is leaving or being reshuffled. Whale Alert posts show 10,000 BTC worth about $779 million, nearly $1 billion in Tether (USDT), $200 million in USD Coin (USDC), and 30,000 ETH worth $68 million. 🚨 🚨 🚨 🚨 🚨 100,000,000 $USDC (100,037,106 USD) transferred from #Binance to unknown wallethttps://t.co/hepsLsxS4S β€” Whale Alert (@whale_alert) November 1, 2026 The tracker sent each one from Binance to an "unknown wallet."

Earlier coverage

#bitcoin#ethereum#defi#exchange

Read the original β†—

Related coverage

Next on the wire

  1. Bitcoin weakness erases September's bullish signal

  2. Bitcoin dips, Nvidia falls, ETF outflows hit $299.9 million

  3. Canaan may sell Bitcoin for buybacks as rig revenue drops 96%

  4. Stablecoin Drain, ETF Outflows Slash Bitcoin Supply $14.2 Billion

  5. Short-Term Holders Move $3.6 Billion BTC to Exchanges At Loss