Binance resumes withdrawals for HYPE and APT, stablecoin reserves decrease by approximately 9 billion USD

Binance has resumed HYPE and APT withdrawals today, earlier than the previously promised deadline. Binance had previously stated that it would restore withdrawals for assets such as HYPE and APT before the end of the following week, while other withdrawal channels still need to undergo security assessments.

Cryptoquant data shows that before and after the hacking incident, Binance's BTC reserves decreased from approximately 730,000 coins to 673,700 coins, a reduction of about 56,000 coins; ETH reserves dropped from about 3.48 million coins to 3.08 million coins, a decrease of approximately 400,000 coins. The reserves of stablecoins based on Ethereum fell from about $41 billion to approximately $32 billion, a reduction of about $9 billion, with the latest daily net inflow of about $27.9 million.

Arkham data shows that Binance's marked positions are approximately $162.65 billion, covering about 68.5 million addresses, which include approximately 696,184 BTC and 3.454 million ETH. Elliptic reports that the attackers exchanged about $174 million worth of stolen alternative tokens for approximately 2,300 BTC.