Binance net outflows surge to $5.8B as withdrawals resume after record hack

Crypto Insight Summary: The exchange says withdrawals surged after some services resumed but have since slowed, with the outflows representing a fraction of its roughly $171 billion in customer assets. Crypto Insight Analysis: Direction: Bearish BNB Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large outflows after a hack signal liquidity stress, but slowing withdrawals and asset backing limit broader damage.