Markets

Binance Sees $3.6 Billion in Outflows After Reopening; THORChain Co-Founder Opposes Coin Freeze

November 1, 2026, 11:09 PM UTC (2 hours ago) · 1 source · Summarized by CryptoBipto

Binance reportedly experienced $3.6 billion in outflows upon reopening its platform. Separately, a co-founder of THORChain has publicly opposed a proposed coin freeze on the protocol. These stories were featured in Cointelegraph's weekly Hodler's Digest roundup.

WHY IT MATTERS

When a crypto exchange reopens after a closure or restriction, users sometimes rush to withdraw their funds, similar to a bank run where depositors line up to pull their money out.

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SOURCES

cointelegraph.com

RUNEBNBExchange OutflowsBinanceTHORChainDecentralized GovernanceCrypto Custody

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