00:00 Speaker A

Binance net outflows reach 5.3 billion after record hack. CEO says recovery underway. So,

00:04 Speaker A

it’s 5.3 billion net. But there were 11 billion that left the exchange. That means that, you know, a bunch has come back in as well. And right now the bigger story may be the fact that deposits

00:14 Speaker A

are outpacing withdrawals. Once again, like I said in the intro, that might mean that the worst of this is over. So the exact number was 10.97 billion in withdrawals over 46 hours. That was reported

00:24 Speaker A

by Binance, 5.7 billion in deposits during that window. The cumulative net outflow remained approximately 5.28 billion. Binance completed verification…