---
title: "Following $6.3B Hack, Binance Clients Withdraw $4.65B in 9.5 Hours: Net Outflow Reaches $3.64B"
description: "Within 9.5 hours of resuming withdrawals, Binance clients withdrew $4.65B, with a net outflow of $3.64B. Circle blocked over $1.1B in USDC linked to the $6.3B attack."
date: 2026-11-02T09:31:33.341Z
lang: en
url: https://xab.info/en/posts/binance-outflow-after-hack-3-64-billion
tags: [binance, cyberattack, crypto, usdc, circle, fbi, north-korea, withdrawals]
author: "Alexander Buran, Roman V."
publisher: "XAB.info"
---

# Following $6.3B Hack, Binance Clients Withdraw $4.65B in 9.5 Hours: Net Outflow Reaches $3.64B

![Smartphone with Binance logo on the screen lying on a laptop keyboard](https://xab.info/media/2026/11/02/binance-otok-sredstv-posle-vzloma-3-64-mlrd/binance-otok-sredstv-posle-vzloma-3-64-mlrd-1.webp)

## Key Points

- Net outflow of funds from Binance on November 1 totaled $3.64 billion ($4.65 billion withdrawn against $1.01 billion in deposits)
- The outflow equals approximately 2.1% of the exchange's total assets (~$171 billion)
- Circle blocked over $1.1 billion in USDC linked to the hacker attack
- The FBI blamed North Korean hackers, while President Trump denied the FBI's statement
- Binance founder Changpeng Zhao stated that 98% of users did not leave the platform

The world's largest cryptocurrency exchange, Binance, recorded a massive outflow of funds immediately after resuming withdrawal operations, which had been suspended due to a massive hacker attack. According to company data published on social network X, between 06:00 and 15:30 UTC on November 1, 2026, clients withdrew a total of $4.65 billion in crypto assets from the platform, while the volume of new deposits reached only $1.01 billion. The net outflow over these nine and a half hours reached $3.64 billion — about 2.1% of the exchange's total assets under management, which were estimated at approximately $171 billion as of October 28.

### Timeline of Operations Recovery

The ability to withdraw funds from Binance returned in stages. The process began at 06:00 UTC on November 1. By 12:36 UTC, clients had gained access to operations across all 15 networks and assets included in the initial recovery phase. At that time, checking of other networks and cryptocurrencies was still ongoing. According to the exchange's own estimates, the peak load on the system occurred during the first hours after service resumption: subsequently, the number of withdrawal requests decreased, while the inflow of new deposits remained at a significant level, which, according to company representatives, indicated stabilization of the situation.

### Changpeng Zhao's Commentary

Binance founder Changpeng Zhao commented on user behavior following the incident, stating that 98% of clients did not leave the platform. In his estimation, the bulk of the funds ultimately withdrawn from the exchange was taken in the first hours after the corresponding service was restored. Thus, the massive outflow recorded in the opening hours does not mean that a significant portion of the user base permanently abandoned the platform.

### Circle Freezes Over $1.1B in USDC

Circle, the issuer of the USDC stablecoin, stepped in to counteract the aftermath of the attack. In a comment to CNBC, issuer representatives stated that the company deployed cyber incident response mechanisms and, in cooperation with law enforcement agencies, blocked over $1.1 billion in USDC associated with the hacker attack. Earlier, on October 30, Circle CEO Jeremy Allaire reported preliminary freezing results of over $800 million, indicating the investigation's expanding scope in the subsequent days.

### Who Is Behind the Attack: FBI and White House Disagree

In late October 2026, Binance suffered a cyberattack in which attackers stole a total of $6.3 billion in cryptocurrency. The exchange promised to cover the losses independently and reported that about 95% of the lost assets had already been returned to users. The US Federal Bureau of Investigation blamed North Korean hackers for the attack, pointing to the withdrawal of more than six billion dollars from the platform. However, US President Donald Trump publicly denied the FBI's claim that the Binance cryptocurrency exchange was "robbed," creating a noticeable contradiction in the official stance of the American authorities regarding the classification of the incident.

### Context and Scale

The Binance incident became one of the largest in the history of the cryptocurrency industry. The amount of stolen assets — $6.3 billion — significantly exceeds previous crypto exchange hack records. By comparison, the $3.64 billion net outflow recorded on November 1 accounts for only about 2.1% of the platform's total assets, which analysts believe demonstrates the preservation of basic user trust in the exchange's infrastructure even under extreme stress-testing conditions. Nevertheless, the very fact that nearly $4.7 billion was withdrawn from the platform in less than ten hours highlights the market's high sensitivity to any disruptions in the operation of the world's largest crypto platform.

## Accounts differ

### Qualification of the cyberattack on Binance and its authorship

- **US FBI:** North Korean hackers are to blame for the attack on the Binance cryptocurrency exchange, which led to the withdrawal of more than six billion dollars ([rbc.ua](https://www.rbc.ua/ukr/news/masoviy-vidtik-iz-binance-klienti-viveli-1793611264.html))
- **US President Donald Trump:** Denied the FBI's claim that the Binance cryptocurrency exchange was robbed ([rbc.ua](https://www.rbc.ua/ukr/news/masoviy-vidtik-iz-binance-klienti-viveli-1793611264.html))

*Where they agree:* A cyberattack on Binance that resulted in the theft of assets worth about $6.3 billion actually took place — a fact recognized by both sides

## Fact-Check & Sources

- [Массовый отток из Binance: клиенты вывели более 3,6 млрд долларов](https://www.rbc.ua/ukr/news/masoviy-vidtik-iz-binance-klienti-viveli-1793611264.html) - Primary source: Binance data from X, outflow figures, recovery timeline, CZ commentary, Circle freeze, FBI and Trump positions
- [Клиенты Binance вывели $3,64 млрд после крупнейшего взлома криптобиржи](https://life.ru/p/klienty-binance-vyveli-3-64-mlrd-posle-krupneyshego-vzloma-kriptobirzhi) - Confirms figures: $3.64B net outflow, $4.65B withdrawal, $1.01B deposits, 2.1% of assets, $171B as of Oct 28, 15 networks by 15:36 MSK

## FAQ

### How much did clients withdraw from Binance on November 1?

Between 06:00 and 15:30 UTC on November 1, clients withdrew $4.65 billion in crypto assets from the exchange. The volume of new deposits over the same period was $1.01 billion, resulting in a net outflow of $3.64 billion.

### What percentage of the exchange's assets did the outflow represent?

According to Binance data, the $3.64 billion outflow accounts for about 2.1% of the platform's total assets under management, which was estimated at approximately $171 billion as of October 28.

### What action did Circle take regarding the attack?

Circle, the issuer of the USDC stablecoin, in cooperation with law enforcement agencies, blocked over $1.1 billion in USDC associated with the hacker attack. On October 30, CEO Jeremy Allaire reported a preliminary freeze of over $800 million.

### Who, according to the FBI, is behind the attack on Binance?

The FBI blamed North Korean hackers for the cyberattack. Meanwhile, US President Donald Trump publicly denied the FBI's claim that the Binance exchange was "robbed."

### How much was stolen by hackers, and did Binance return funds to users?

Hackers stole a total of $6.3 billion in cryptocurrency. Binance promised to cover the losses on its own and reported that about 95% of the lost assets have already been returned to users.