Binance Spokesperson: “Withdrawal Volumes Stable at Normal Levels”... Managed Assets Account for a Small

Binance said withdrawals have stabilized at "normal and predictable on-chain activity levels" as it resumes withdrawals in phases following a security incident, with a spokesperson noting outflows represent a very small share of assets under management, Odaily reported. The exchange previously estimated the incident's total impact at $6.3 billion and said it froze $3 billion in related assets on-chain. Binance announced plans to restart first-phase withdrawals between 3 p.m. and 6 p.m. on the prior day, prioritizing assets and networks that have completed inspections. The company is restoring services sequentially as checks conclude. Watch for the pace of the phased withdrawal resumption and any updates on the gap between the $6.3 billion impact estimate and the $3 billion frozen.