Binance Resumes Withdrawals in Second Phase After $6.3B Hack
Binance has initiated a second phase of crypto withdrawals, expanding asset availability while outflows show signs of slowing.
Binance has initiated a second phase of crypto withdrawals, expanding asset availability while outflows show signs of slowing. Ethereum (ETH) is trading at ₹2,16,359 ($2,279.18), up 0.4% since this brief published. This is an original Token Times brief synthesising 3 outlets (Blockonomi, Cointelegraph, Cryptopolitan), plus live market data, as of Tue, 03 Nov 2026 12:30:02 UTC.
This phased reopening aims to restore user confidence and liquidity after last week's major security breach, with implications for Binance's market position and user trust.
- Binance's second withdrawal phase began at 04:00 UTC Tuesday, covering Ethereum, Solana, XRP, Tron, and Base.
- Net outflows dropped to $2.57B on Monday from $6.1B on Sunday.
- Security checks continue with additional assets expected to become available soon.
Both Blockonomi and Cointelegraph report that Binance initiated the second phase of withdrawals at 04:00 UTC on Tuesday, following an initial reopening on Sunday. They agree on the networks included in this phase: Ethereum, Solana, XRP Ledger, Tron, and Base. However, Cointelegraph emphasizes that additional assets will become available as security checks are completed, while Blockonomi focuses on the decline in net outflows from $6.1 billion on Sunday to $2.57 billion on Monday.
- Binance Resumes Key Stablecoin and Token Withdrawals After $6.3B Hack
- Binance Resumes Solana Token Withdrawals After Security Incident
- Binance Resumes Zcash Withdrawals Amid Rising User Demand
- Binance Resumes Withdrawals Amid Fake $150 Reward Scam Warning
- Binance Reopens Withdrawals After Record Hack, THORChain Founder Criticizes Protocol Freeze Proposal
- Binance Sees $3.64B Net Outflow as Withdrawals Resume Post-Hack
- Binance Resumes Withdrawals in Second Phase After $6.3B Hack — this brief
Binance has commenced the second phase of cryptocurrency withdrawals, allowing users to access funds across several major networks including 
Ethereum, 
Solana, 
XRP Ledger, Tron, and Base. This move follows an initial reopening on Sunday and comes after last week's $6.3 billion security breach.
The exchange has implemented a phased approach to ensure security measures are in place. According to Cointelegraph, additional assets are expected to become available as security checks are completed. This gradual process is designed to restore user confidence and liquidity following the significant hack.
Data from multiple outlets indicates that Binance's net outflows have shown signs of slowing. Blockonomi reports that outflows decreased to $2.57 billion on Monday from $6.1 billion on Sunday, suggesting that the initial panic may be subsiding.
The development comes amid a broader market downturn, with the total crypto market cap at $2.65 trillion and 
Bitcoin down 1.10% in the last 24 hours. Ethereum, XRP, and Solana have also experienced slight declines, with Ethereum's market cap at $277.18 billion and Solana's at $54.5 billion.
The phased reopening of withdrawals is a critical step for Binance as it seeks to maintain its position as the world's largest cryptocurrency exchange. The next few days will be crucial in determining the effectiveness of the security measures and the exchange's ability to regain user trust.
Since this brief published about 2 hours ago, Ethereum (ETH) has moved from ₹2,15,393.77$2,269.01 to ₹2,16,359.19$2,279.18 — +0.45%.
The chart plots ETH'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 Token Times'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 ETH ≈ ₹238,858.06 (about $2,279.18), down 0.5% over 24 hours. The rupee itself trades about 10.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 3, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Binance Resumes Withdrawals in Second Phase After $6.3B Hack — questions & answers
What networks are included in Binance's second withdrawal phase?
Ethereum, Solana, XRP Ledger, Tron, and Base.
How much did Binance's net outflows decrease by on Monday?
Net outflows dropped to $2.57 billion from $6.1 billion on Sunday.
When did Binance begin the second phase of withdrawals?
The second phase began at 04:00 UTC on Tuesday.
How much is 1 Ethereum worth in rupee today?
About ₹238,858.06 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,279.18. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.45% since this brief first published — trading at ₹2,16,359 ($2,279.18) now versus ₹2,15,394 ($2,269.01) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Blockonomi, Cointelegraph, Cryptopolitan, with the key figures cross-checked for agreement across them. 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 Token Times 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.