Source time Edition date
InstitutionsThe Block
Binance sees $3.64 billion in net outflows after reopening withdrawals following record hack
币安在创纪录黑客事件后重启提现，净流出达36.4亿美元
Binance's disclosure that outflows hit just 2.1% of assets invites readers to judge whether that reassures or understates the hit to confidence after a record hack.
Judgment
Risk managers must decide whether to treat Binance's 2.1% outflow share as tolerable or as understating confidence damage; waiting for more withdrawal data risks later exposure, while cutting now risks acting before the next disclosure.
Basis
Binance said net outflows reached $3.64 billion after it reopened withdrawals following a record hack, equal to 2.1% of $171 billion in assets, and that withdrawal volumes declined after an initial spike. The mechanism is threshold-setting: the 2.1% asset share gives counterparties a simple number to compare against, but it measures outflows relative to assets, not customer losses or the duration of the confidence shock.
- Net outflows$3.64 billion
- Total assets$171 billion
- Outflow share2.1%
Unclear The source does not specify the measurement window for the $3.64 billion outflow or whether the $171 billion asset base includes customer and proprietary funds.
Next Check Binance's next withdrawal or proof-of-reserves update for whether net outflows remain near or fall below the 2.1% asset-share figure.