OKX draws $445M in net inflows as Binance outflows exceed $7B
Summary
OKX led tracked exchanges with about $445 million in 24-hour net inflows, followed by Bybit, Gate and Bitget. Binance saw more than $7 billion in net outflows after resuming withdrawals in phases following a $6.3 billion hack. It said it had replenished about 95% of affected assets using treasury funds, part of its SAFU and futures insurance fund, and would absorb the losses without charging customers. Industry partners separately froze about $3 billion in stolen assets. Binance held roughly $127.9 billion in tracked wallets, versus OKX’s $29 billion.
