Binance’s net inflows turn positive at $2.3B as withdrawals expand

Binance recorded $2.3 billion in net inflows over the past 24 hours as it expanded withdrawals following last week’s $6.3 billion hack.

The exchange led centralized exchanges tracked by DefiLlama in 24-hour net inflows. Bitfinex recorded about $280 million and Bitget about $127 million over the same period.

“By 03:00 UTC, we are seeing hourly deposits exceed withdrawals, reflecting improving user activity and stabilizing flows,” Binance said Tuesday on X.

The inflows mark a reversal from Monday, when Binance recorded more than $7 billion in 24-hour net outflows. OKX led exchanges with about $445 million in net inflows at that time.