Binance says withdrawals reached $11 billion after record cyber incident
Binance reported roughly $11 billion in customer withdrawals over 46 hours, with deposits offsetting just over half of the total.
Binance reported roughly $11 billion in customer withdrawals over 46 hours, with deposits offsetting just over half of the total. JUST (JST) is trading at $0.1407. This is an original TLT brief based on reporting by CryptoSlate, with live market data added, as of Wed, 04 Nov 2026 13:45:02 UTC.
The figures put post-hack customer flows at the center of scrutiny, including whether Binance retained enough liquidity to handle withdrawals and whether funds moved to competing platforms.
- Binance reported about $11 billion withdrawn over 46 hours
- Deposits totaled roughly $6 billion, leaving an estimated $5 billion net outflow
- The exchange resumed services after a reported record $6 billion hack
- CryptoSlate says Zhao claimed relatively few funds moved to rivals
- Binance Resumes Solana Token Withdrawals After Security Incident
- Binance Sees $4 Billion in Withdrawals After Hack, Raising Concerns
- Binance says withdrawals reached $11 billion after record cyber incident — this brief
Binance reported approximately $11 billion in withdrawals between 06:00 UTC on Nov. 1 and 04:00 UTC on Nov. 3, according to CryptoSlate. The 46-hour period began after the exchange reopened services following a reported record $6 billion hack on Oct. 29.
Customer deposits during the same window amounted to about $6 billion. That offset slightly more than half of the reported withdrawals and left an estimated net outflow of roughly $5 billion, based on CryptoSlate’s account of Binance’s figures.
The headline also reports that Binance’s Zhao said relatively few withdrawn funds went to rival exchanges. CryptoSlate is the only outlet provided for this development, so the withdrawal total, deposit figure, net outflow and Zhao’s characterization all come from a single report.
The wider crypto market was broadly higher, with total capitalization at $2.69 trillion and 
Bitcoin up 1.48% over 24 hours, while the Fear & Greed index stood at 34, indicating a “Fear” reading. 
JUST was priced at $0.140694, down 0.52% over 24 hours and up 0.55% over seven days, with a $1.13 billion market capitalization. The next reported flow figures and the evidence behind Zhao’s claim will determine how closely the $5 billion net outflow is scrutinized.
Since this brief published about 3 hours ago, JUST (JST) has moved from $0.1407 to $0.1407 — +0.00%.
The chart plots JST's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 JST ≈ ₦194.4 (about $0.1407), down 0.6% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Binance says withdrawals reached $11 billion after record cy — questions & answers
How much did Binance report being withdrawn?
Binance reported about $11 billion in withdrawals over 46 hours, from 06:00 UTC on Nov. 1 to 04:00 UTC on Nov. 3.
How large was the estimated net outflow?
Deposits of roughly $6 billion offset just over half of the withdrawals, leaving an estimated net outflow of about $5 billion.
Did funds move to competing exchanges?
Zhao said relatively few funds went to rivals, according to the report’s headline. No supporting amount was provided in the supplied summary.
How much is 1 JUST worth in naira today?
About ₦194.4 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.1407. The naira price moves with both JST's US-dollar price and the USDT/NGN rate; use our JUST in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CryptoSlate. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.