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Binance Reopens HYPE and APT Withdrawals as Recovery Continues
On November 8, Binance reopened withdrawals for HYPE and APT, two of six tokens targeted for a later recovery phase. Withdrawals began returning on November 1, expanded in later batches, and deposits overtook withdrawals on an hourly basis by November 3.
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Key takeaways
- On November 8, Binance reopened withdrawals for HYPE and APT, two of six tokens targeted for a later recovery phase.
- Withdrawals began returning on November 1, expanded in later batches, and deposits overtook withdrawals on an hourly basis by November 3.
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openai.comCreate a landscape editorial hero image for this Studio Global article: Following Binance’s October 29 hack involving approximately $6.34 billion, what was the withdrawal-recovery status reported on November 8, i. Article summary: As of the November 8 update, Binance had reopened withdrawals for Hyperliquid (HYPE) and Aptos (APT), but this was a further step in a phased recovery—not confirmation that all withdrawals had returned to normal. [6] The. Topic tags: general, news, general web. Style: premium digital editorial illustration, source-backed research mood, clean composition, high detail, modern web publication hero. Use reference image context only for broad subject, composition, and topical grounding; do not copy the exact image. Avoid: logos, brand marks, copyrighted characters, real person likenesses, fake screenshots, UI text, readable text, watermarks, charts with fake numbers
Binance’s November 8 update said withdrawals had reopened for Hyperliquid (HYPE) and Aptos (APT). It was another step in a phased restart after the October 29 security incident, not confirmation that withdrawals were fully restored for every asset and network. 13
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What reopened on November 8
HYPE and APT were two of six tokens Binance had named for a later reopening phase. The other four were INJ, PLASMA, NEAR, and LTC; reporting described the target as the end of the following week, around mid-November. 4
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The available reports do not provide a complete, authoritative list of withdrawal availability by asset and network on November 8. They also do not detail all remaining restrictions or the security checks used to decide when each withdrawal route could reopen. The practical takeaway is to treat availability as asset- and network-specific rather than assume that one reopening notice covered every route.
How the phased restart unfolded
Binance began reopening withdrawals on November 1. The first phase covered 15 networks; early restored routes included BTC on Bitcoin, ETH and stablecoins on Ethereum, and BNB and stablecoins on BNB Smart Chain. 20
23 On November 3, withdrawals reopened in another batch, with a Binance Square report describing nine major assets at 04:00 UTC.
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These were staged reopenings, not a single switch that restored all withdrawals at once. Reporting on November 8 still described the process as ongoing. 13
What the flow figures show
Binance processed about $4.6 billion in withdrawals and $1.0 billion in deposits between 06:00 and 15:30 UTC on November 1, according to reporting on the exchange’s update. 19 A separate November 3 report put net outflows over the preceding 24 hours at about $3.29 billion—a net figure, not the total value of withdrawals.
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By 03:00 UTC on November 3, hourly deposits reportedly exceeded hourly withdrawals. That signaled a change in exchange flows, but did not establish that every withdrawal service was available or that activity had fully stabilized. 37
Restored assets are not the same as recovered funds
Binance said it would cover the losses through its Secure Asset Fund for Users (SAFU) and corporate treasury, and said it had set aside more than $6.34 billion in company funds. 16 Reports also tracked replenishment of affected assets from 90% on October 31 to about 95% on November 1 and 98% by November 4; Binance said the remaining less-liquid assets took longer to source.
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Those figures describe Binance’s reported replenishment progress, not the status of every withdrawal route. Binance’s initial findings update said about $2.85 billion had been frozen or intercepted, subject to reconciliation and market-price changes. Frozen or intercepted assets should not be treated as funds returned to the exchange. 5
For customers checking the recovery, the key distinction is between a reported replenishment percentage and whether a specific asset can be withdrawn on a specific network. The November 8 HYPE and APT reopening was progress—but the recovery remained phased.
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What is the short answer to "Binance Reopens HYPE and APT Withdrawals as Recovery Continues"?
On November 8, Binance reopened withdrawals for HYPE and APT, two of six tokens targeted for a later recovery phase.
What are the key points to validate first?
On November 8, Binance reopened withdrawals for HYPE and APT, two of six tokens targeted for a later recovery phase. Withdrawals began returning on November 1, expanded in later batches, and deposits overtook withdrawals on an hourly basis by November 3.