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Home / news / OKX draws $445M in net inflows as Binance outflows exceed $7B after $6.3 billion hack
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OKX draws $445M in net inflows as Binance outflows exceed $7B after $6.3 billion hack

OKX draws $445M in net inflows as Binance outflows exceed $7B after $6.3 billion hack

OKX led tracked crypto exchanges with about $445 million in 24-hour net inflows, while Binance saw more than $7 billion in net outflows after reopening withdrawals following its $6.3 billion hack. For PSPs and partners exposed to crypto merchants, the useful signal here is not the price action — it is how fast liquidity can move once confidence cracks.

  1. According to DefiLlama, OKX recorded about $445 million in 24-hour net inflows, the largest among tracked crypto exchanges. Bybit was second with $112 million, followed by Gate with $91 million and Bitget with $54 million in the same 24-hour window.
  2. Binance recorded the biggest net outflows among tracked exchanges, with more than $7 billion, up from $5.8 billion earlier Monday. Binance said it began restoring withdrawals in phases at 6:00 a.m. UTC on Sunday after suspending withdrawals on Friday, soon after Thursday’s $6.3 billion hack, the largest in cryptocurrency history.
  3. At the time of writing, Binance held about $127.9 billion in wallets tracked by DefiLlama, more than four times the $29 billion at OKX, the second-largest exchange by that measure. That gap matters because wallet balances and withdrawal flows are the first numbers counterparties look at when stress hits.
  4. By Sunday, Binance said it had replenished approximately 95% of the affected assets, up from 90% on Saturday. The remaining 5% consisted of less liquid tokens that it continued to buy through market and over-the-counter transactions. Binance said it was using its corporate treasury, a partial deployment of its Secure Asset Fund for Users (SAFU) and a portion of its futures insurance fund to replace the stolen assets, and that it would absorb the losses without passing them on to customers.
  5. About $3 billion in stolen assets frozen by industry partners is separate from Binance’s replacement funds. Binance said Sunday it published a new reserves snapshot and that an updated proof-of-reserves report was expected Monday. OKX’s OKB token rose about 1.4% over the past 24 hours to trade near $113 on Monday, while BNB gained 0.3% to about $708 over the same period, according to CoinMarketCap.

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