Binance Records $3.64 Billion in Net Outflows as Withdrawals Reach $4.65 Billion
Binance recorded approximately $3.64 billion in net outflows between 06:00 and 15:30 UTC, according to figures shared by Coin Bureau. The movement reflected a substantial difference between withdrawals and deposits, with users withdrawing $4.65 billion from the cryptocurrency exchange while deposits totaled $1.01 billion during the reported period.
The net outflow represents 2.1% of Binance's $171 billion in assets under management (AUM), based on the exchange's latest available Proof of Reserves data as of October 28, 2026. The figures provide a snapshot of the movement of funds through one of the cryptocurrency industry's largest trading platforms.
Binance Withdrawals Exceed Deposits by $3.64 Billion
The reported figures show that withdrawals significantly exceeded incoming deposits during the 9-hour-and-30-minute period. With $4.65 billion leaving the platform and $1.01 billion entering it, the difference resulted in net outflows of $3.64 billion.
Net outflows measure the value of assets withdrawn from an exchange after accounting for deposits over a specified period. In Binance's case, the reported imbalance indicates that substantially more funds moved out of the platform than were transferred into it between 06:00 and 15:30 UTC.
However, the reported figures alone do not establish why customers moved their assets. They also do not identify which cryptocurrencies accounted for the withdrawals or whether the funds were transferred to private wallets, other exchanges, or alternative destinations.
Outflows Represent 2.1% of Binance's Reported AUM
The $3.64 billion net outflow is equivalent to 2.1% of Binance's reported $171 billion in assets under management. That comparison provides context for the scale of the movement relative to the exchange's overall reported asset holdings.
The AUM figure is based on Binance's latest available Proof of Reserves data as of October 28, 2026. Proof of Reserves is a mechanism used by cryptocurrency platforms to provide information about assets held on behalf of customers. The reported reserve figure offers a reference point for assessing the scale of the withdrawals, although it should not be treated as a real-time measure of exchange liquidity or customer activity.
The distinction between gross withdrawals and net outflows is also important. Although $4.65 billion was withdrawn, the $1.01 billion in deposits partially offset that movement. Consequently, the net figure was lower than the total value of outgoing transfers.
Coin Bureau shared the figures, highlighting a significant movement of funds from Binance within the reported timeframe. The available information does not provide a breakdown of the assets involved, the number of customers making withdrawals, or the destinations of the transferred funds.
Based on the reported figures, Binance's net outflows reached $3.64 billion between 06:00 and 15:30 UTC, equivalent to 2.1% of its $171 billion in reported AUM.
Writer: Victoria HaleTechnology & Blockchain WriterVictoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.She prioritises clarity and accuracy when explaining technical developments to a general audience.
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