Binance restores HYPE and APT withdrawals ahead of schedule

Binance re-enabled withdrawals of HYPE (Hyperliquid) and APT (Aptos) on Nov. 8 at 3:52 AM ET, according to the exchange's official X account. Binance had earlier said it would restore these assets by the end of the following week, so the reopening came ahead of schedule.

Details

This is another step in the phased recovery after the Oct. 29 hack, which has been put at $6.3 billion. In the same update Binance listed assets already enabled, including a range of tokens on Ethereum (among them RLUSD, USD1, TUSD, FDUSD, LINK, SHIB, ONDO) and on Solana (such as JUP, WIF, BONK, PENGU). It says it will keep restoring further assets and networks in phases as security checks finish.

Data from CryptoQuant, cited by Bitcoin.com, shows Binance's reserves down since the hack: BTC from about 730,000 to 673,700 (roughly 56,000 BTC lower), ETH from about 3.48 million to 3.08 million. Ethereum-based stablecoin reserves fell from about $41 billion to $32 billion. Arkham Intelligence gives a different estimate (about 696,000 BTC and 3.45 million ETH), so the exact figures differ by source. Crypto.news also covered the restoration.

What it means for the market

Reopening HYPE and APT withdrawals lifts a restriction for holders of those tokens, who could trade on Binance but not move coins to their own wallets. The drop in reserves suggests some clients are pulling funds from the exchange. We are tracking the hack in a running explainer; the first report is here. For the live BTC price, see the daily brief.