Binance reports approximately $3.64 billion in net outflows between 06:00 and 15:30 UTC on November 1, following its withdrawal restart. In its 16:12:16 UTC statement, the exchange gives $4.649 billion in withdrawals and $1.01 billion in deposits.
A flow measure, not a loss figure
Subtracting the reported deposits from withdrawals produces $3.639 billion, consistent with the rounded headline figure. Net outflow measures the difference between money leaving and entering during that window. It is not a calculation of the security incident’s final loss, nor evidence that stolen assets have been recovered.
Binance compares the outflow with $171 billion in assets under management, calling it 2.1%. That denominator comes from its October 28 Proof of Reserves data. Readers should not mistake the comparison for a new, independently audited balance sheet.
The next reserve report is still a forecast
The company now expects the updated report on November 2, moving forward its earlier November 3 estimate. Our reserve-page check at 16:20 UTC still showed the October 31 snapshot, Bitcoin block 973895 and a Merkle root marked In Progress. A displayed snapshot and a completed cryptographic output remain different milestones.
Volumes and access answer different questions
Binance says withdrawal volumes declined after an initial spike and are stabilising; that is the exchange’s assessment, not an independently established trend. It also says remaining networks and assets are still undergoing testing.
The dated rollout record tracks the earlier route announcements. Aggregate transfer volume does not establish that every asset-and-network combination is available to every customer. The Token Press has not tested a customer withdrawal.
For context, see our guides to custody and withdrawal control and checking primary-source claims.
Source check: November 1, 2026, 16:20 UTC. Flow figures and the revised timetable are attributed to Binance; the reserve-page status was observed separately.