After Binance Attack: $4.7 Billion Flows Out in Hours, Bitcoin Returns to $77,974
Redakcja CryptoPulsar ·
Binance, the world's largest crypto exchange, resumed withdrawals after a record attack, and clients placed orders for nearly $4.7 billion. Bitcoin is recovering and costs $77,974, while Ethereum is at $2,277.86. The article shows what these data mean for investors in Poland and Ukraine.
The data from November 2, 2026 did not include new, confirmed decisions by EU regulators on MiCA or positions from the ECB. The most important event directly affecting European crypto users is the capital outflow from Binance after a record attack on the exchange. According to Polish service CrypS.pl, clients placed withdrawal orders for nearly $4.7 billion within hours after operations resumed. Crypto.news reports that Bitcoin rebounded to around $78,000 after last week's sell-off triggered by the $6.3 billion attack.
What Happened on Binance and What the Market Data Shows
CrypS.pl reported on November 2, 2026 that Binance resumed withdrawals after the earlier attack. Users placed withdrawal orders for a total amount of nearly $4.7 billion. The exchange is gradually processing these orders, which means the withdrawal system is working, but the scale of the outflow is large and may affect market sentiment.
Crypto.news notes that the price of Bitcoin rebounded to around $78,000 after last week's sell-off triggered by the record attack on Binance worth $6.3 billion. At the same time, the outlet points out that technical indicators still suggest the cryptocurrency is fighting to reclaim the $80,000 level.
In CryptoPulsar market data, Bitcoin costs exactly $77,974 and its 24-hour change is +0.22%. Ethereum is priced at $2,277.86 and gains +0.52% over 24 hours. Total crypto market capitalization stands at $2,704,254,790,985.03, or about $2.70 trillion.
| Crypto | Price | 24h | Notes |
|---|---|---|---|
| Bitcoin | $77,974 | +0.22% | Rebound after attack |
| Ethereum | $2,277.86 | +0.52% | Slight increase |
European Context: Nervous Session on the Warsaw Stock Exchange and the Scale of Capital Outflows
Although today's data contain no new EU decisions on cryptoassets, the broader market mood is important from a European perspective. Comparic.pl describes a nervous session on the Warsaw Stock Exchange, pointing among others to shares of KGHM, CD Projekt, Cyfrowy Polsat and Dino. The article also mentions a 32% sell-off in JSW shares and the resignation of its CEO.
We do not have a breakdown of Binance withdrawals by country in the data, but the fact that the Polish-language service CrypS.pl covers this phenomenon extensively shows strong regional interest in the topic. For investors from Poland and Ukraine, the scale of $4.7 billion in orders is a practical signal to independently verify the status of their funds on exchanges and to consider plans to move them to self-custody wallets.
In a broader view, data from CryptoPulsar market cycle show the Fear & Greed Index at 37 points. This is a fear zone that may limit aggressive long positions. The market cycle phase stands at 35.2 out of 50 points, indicating cautious investor behavior.
🔑 Key Takeaways
- Binance resumed withdrawals, but clients placed orders for nearly $4.7 billion within hours.
- Bitcoin is rebounding to $77,974, but technical indicators do not yet confirm a sustained return above $80,000.
- The European stock market is nervous, which may spill over into cryptoasset sentiment in the region.
- No new MiCA decisions or ECB positions appear in the data from November 2, 2026.
The base-case scenario for NovaAI assumes consolidation in the $0.48-$0.60 range until real volume appears. This is an assessment from the NovaAI analysis, not an editorial forecast. Wintermute USDC Select, in turn, has minimal 24-hour volume, which makes it difficult to assess real adoption.
💡 Good to know
The record attack on Binance amounted to $6.3 billion, yet the exchange resumed withdrawals. This means there was no permanent freeze of funds, but the scale of $4.7 billion in orders shows how quickly users react to risk.
What AI Analysis Shows for Selected Altcoins
The latest CryptoPulsar AI analyses include assessments of two projects. Both have an elevated risk level, but they differ in their suspicious nature scores and potential.
| Project | Risk | Potential | Suspicious |
|---|---|---|---|
| NovaAI | 8/10 | 2/10 | Yes |
| Wintermute USDC Select | 8/10 | 3/10 | No |
For NovaAI, the base-case scenario assumes consolidation in the $0.48-$0.60 range until real volume appears. The bullish scenario requires a breakout above the all-time high at $0.666 and targets $0.75, or $0.85 if momentum continues. The bearish scenario assumes a decline to the $0.40-$0.45 zone, and if support is lost, even to $0.30. The lack of a whitepaper and transparent fundamentals means the project should be treated as speculative.
The analysis of Wintermute USDC Select assumes the price will remain in the $1.02-$1.03 range, reflecting the nature of the Morpho vault token based on USDC. The bullish scenario could lift the valuation to $1.03-$1.05 thanks to adoption of the Zama protocol and deposit inflows. The bearish scenario assumes a decline to $1.00-$1.02 on capital outflows or problems in underlying markets. The main constraint is the zero 24-hour volume, which means the valuation is not confirmed by active trading.
Both analyses are scenarios, not market facts. They should be treated as part of risk assessment, especially with the current fearful mood in the market.
What's Next for the Market After Bitcoin's Rebound
Market cycle data show that in the last hour the Solana network registered 99 large transfers, each worth at least 10,000 SOL. The three largest transfers were 864.5 thousand SOL, 810.7 thousand SOL and 765.3 thousand SOL. Such activity points to increased whale movements.
With Solana's price around $95.4 and an almost flat 24-hour change, daily DEX volume is approximately $1.83 billion USD.