BNB price held in focus as Binance restores withdrawals
Published on 11/07/2026 at 07:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRecovery remains the key variable
- Binance began restoring withdrawals in phases after a security incident involving approximately 6.3 billion US dollars in stolen digital assets.
- Binance said approximately 95% of affected assets had been replenished, while BNB was among assets reported as fully backed by reserves.
- Investing.com showed BNB at 695.00 US dollars at 10:28 Berlin time on November 7, 2026, with a 24-hour volume of 1.76 billion US dollars.
- The remaining replenishment work and the investigation continue to be the main risk factors for BNB-related sentiment.
The BNB price remains closely watched as Binance continues its response to an October security breach. The exchange began restoring withdrawals in phases after hackers accessed hot wallets and stole digital assets valued at approximately 6.3 billion US dollars. BNB was included among the assets covered by the initial reopening process.
At 10:28 Berlin time on November 7, Investing.com showed BNB at 695.00 US dollars. The page listed a daily range of 686.50 to 696.50 US dollars, a 52-week range of 537.60 to 1,018.40 US dollars, a market capitalization of 91.24 billion US dollars and a 24-hour volume of 1.76 billion US dollars. It also listed 131.51 million BNB in circulation and ranked the token fourth. These figures are a source reading at the stated time and are not a UTC day-close comparison.
Withdrawal access returns in stages
In its official recovery update dated November 1, Binance said the first phase of withdrawal services would reopen between 14:00 and 17:00 UTC+8. The exchange said deposits remained operational and that networks and asset pairs would be restored only after security and stability checks. It also warned that some withdrawals could be delayed during the initial reopening because of high traffic.
Binance said approximately 95% of the affected assets had been replenished, up from 90% in its previous update. The company identified the remaining 5% as less-liquid tokens that require more time to acquire. BNB was among ten assets that Binance said were fully backed by reserves at a 100% ratio. The exchange said it would cover the stolen funds through its Secure Asset Fund for Users and corporate funds.
What the recovery means for investors
Aletihad News Center, citing Reuters, reported that the breach followed unauthorized access to Binance hot wallets on October 29. It said the exchange prioritized assets using recent customer-demand data and continued working with partners to trace and freeze stolen funds.
For holders, the BNB price is therefore being assessed alongside operational access, reserve verification and the remaining recovery work. The market data page also showed a 52-week decline of 26.8574%, but that figure is a source-reported rolling performance measure rather than a causal assessment of the incident. The recovery remains an important context variable, while the final investigation and replenishment of the remaining assets are still outstanding.
More BNB coverage is available on the BNB topic page.
