On November 1, 2026, DefiLlama metrics revealed that Binance experienced $5.8 billion in net capital departures within a 24-hour period. This movement occurred right after the platform restored processing for client withdrawals at 6:00 UTC on Sunday following a record $6.3 billion exploit.
The exchange stated that fund redemptions spiked heavily once functionality resumed, though the velocity of withdrawals has since slowed down. Management pointed out that the $5.8 billion exiting the platform represents a small segment of its broader $171 billion customer asset reserve. Major assets traded around these events included Bitcoin at $78,215.41, Ethereum at $2,272.93, and BNB at $712.03.
For traders maintaining open perpetual futures positions, this spot fund movement changes nothing directly regarding holding fees or liquidity on tracked venues like Bitget, Bybit, MEXC, or OKX. Because funding rates and position carry costs respond to market pricing and exchange-specific order books rather than centralized spot outflows alone, no direct adjustment to open derivative positions has occurred.
Source: cointelegraph — Binance net outflows surge to $5.8B as withdrawals resume after record hack