Binance wallets record $2.51 billion in net outflows as withdrawals resume after hack

Tracked Binance wallets recorded $2.51 billion in net crypto outflows on Nov. 1 after the exchange resumed withdrawals following a $6.3 billion hack. Bitcoin and USDT accounted for nearly $2 billion of the outflows, with $1.08 billion in USDT and $912 million in Bitcoin. Binance moved withdrawals to newly generated wallets after the Oct. 29 attack attributed to North Korea's TraderTraitor operation, complicating estimates of customer exits.