Binance: Hourly deposits exceeded withdrawals as of 11:00 Beijing Time.
Original headlineBinance:北京时间 11 时当小时充值超过提现
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Binance disclosed that as of 11:00 Beijing time on November 3, hourly deposits exceeded withdrawals for the first time in the current period, with user activity improving and fund flows stabilizing. According to data shared by the exchange covering November 1, 14:00 through November 3, 12:00 Beijing time, cumulative deposits totaled approximately $5.695 billion against cumulative withdrawals of approximately $10.97 billion, leaving net outflows of roughly $5.276 billion over the roughly 46-hour window. The shift from sustained net outflows to an hour of positive net inflows suggests easing redemption pressure following the recent stress episode that drove users to pull funds. The figures matter because deposit-withdrawal dynamics are a key gauge of confidence in the exchange, and Binance's disclosure appears aimed at countering concerns about a bank-run-style drain. Watch next: whether hourly inflows remain above outflows in subsequent hours and whether cumulative net outflows continue to shrink or reverse.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
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