Binance records $5.8 billion in net outflows as withdrawals resume after record $6.3 billion hack

Binance recorded $5.8 billion in net outflows over the past 24 hours following the resumption of withdrawals after a record $6.3 billion hack. Withdrawals initially surged to $4.6 billion processed against $1 billion in deposits by 3:30 UTC on Sunday, but have since slowed and are stabilizing. The outflows represent a small fraction of the approximately $171 billion in customer assets held by the exchange.