Binance restores HYPE and APT withdrawals as billions in reserves leave exchanges

Binance restored withdrawals for hyperliquid (HYPE) and aptos (APT) on Sunday, Nov. 8, continuing its recovery from the $6.3 billion October hack. At the same time, Cryptoquant data shows substantial declines in bitcoin, ethereum, and stablecoin reserves on exchanges, even as daily withdrawal pressure appears to be easing. Traders will watch whether the reserve outflows signal caution among holders or simply a rotation of assets off exchanges.