CryptoHypeBuster

3 Signals That Could Shape Bitcoin’s Next Move After Binance Hack

CryptoPotato · Mon, 02 Nov 2026 17:29:02 GMT

Hype 18/100 · Market impact 100/100 · Breaking 61/100

Tags: BTC

Binance reopened less than 72 hours after last week’s $6.3 billion hack, as Bitcoin traded near $78,000 and CryptosRus identified ETF flows, exchange withdrawals and stolen-fund transfers as factors to monitor. Bitcoin and Ethereum ETFs recorded $202.59 million and $431.53 million in outflows last week, while Bitcoin funds lost more than $643 million on Friday. Users withdrew about $4.65 billion from Binance and deposited slightly over $1 billion, for roughly $3.64 billion in net outflows, just over 2% of its assets. Investigators said the attacker moved about $242 million through four cross-chain services, and a suspected exploit wallet transferred 486,970 SOL worth $46.4 million and swapped it for Bitcoin via Relay.

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