Binance Users Pulled 25,793 BTC in Two Days, Beating the Hackers' Haul

Binance users didn't just watch the hack news — they ran for the exits, and they moved more coins than the thieves did. Between Nov 1 and Nov 2, 25,793 BTC walked out the door, per Coinpedia. The reported hack loss: 18,270 BTC.

The stampede was the year's biggest single-day outflow across BTC, ETH, USDT and USDC, according to Coinpedia's figures. Bitcoin exchange reserves felt it too, slipping by roughly 20,000 BTC and now sitting at about 2.83 million BTC. Reserve data alone doesn't say where the coins landed, just that fewer are parked on exchanges.

Then the panic blinked. By Nov 3, ETH, USDT and USDC had flipped back to net inflows, suggesting the rush wasn't hardening into a full-blown exodus across every major asset.

On the derivatives side, traders are leaning bullish instead of spooked. Binance's BTC funding rate hit 0.01, its highest in more than two months, well above the 30-day simple moving average near 0.004557. Positive funding means long positions are paying shorts — in plain terms, betting on higher prices just got pricier.

That confidence cuts both ways. When longs crowd one side of the book, a sudden drop can trigger liquidations and crank up volatility.

So the picture stays mixed: heavy BTC outflows on one screen, returning inflows and hot futures sentiment on the other. Whether Binance users fully exhale now depends on what they do next.