Binance Resumes HYPE, APT Withdrawals; Stablecoin Reserves Drop $9B

According to ChainCatcher, Binance resumed withdrawals for HYPE and APT today, ahead of schedule. The exchange's Ethereum-based stablecoin reserves fell from approximately $41 billion to $32 billion, a decline of about $9 billion, according to Cryptoquant data.

Cryptoquant also reported that Binance's BTC reserves dropped by about 56,000 BTC to 673,700, while ETH reserves fell by approximately 400,000 ETH. Elliptic data showed attackers converted approximately $174 million in stolen tokens into about 2,300 BTC.

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