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Live updates: Bitcoin bounce fades as Binance records $6 billion outflows after starting withdrawals

CoinDesk·November 2, 2026·1 min read

Binance recorded $6 billion in outflows after starting withdrawals, following a 45-hour freeze after a $6.3 billion theft. Bitcoin's bounce faded as rival exchanges attracted deposits while customers regained access to their funds. The record hack shook confidence, but Binance resumed withdrawals and is working to restore assets.

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