BNB price remains tied to Binance security recovery
Published on 11/10/2026 at 07:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSecurity recovery remains key BNB driver
- Binance says 98% of affected token assets had been replenished as of October 31.
- Withdrawals have been restored in phases since November 1, including BNB.
- BNB closed at 685.20 USD on November 9, while Investing.com displayed 681.40 USD at 12:00:03 Berlin time on November 10.
BNB price remains closely linked to Binance's security recovery. The token closed at 685.20 USD on November 9, according to Kinzan. On November 10, the Investing.com BNB/USD page displayed 681.40 USD at 12:00:03 Berlin time. That was below the previous UTC daily close, but the move was not large enough to make the price change the main story.
Binance works through the fallout
Binance said in its official incident update that approximately 6.34 billion USD in digital assets were affected by the October 29 security incident. The company said 2.85 billion USD had been frozen or intercepted and that 98% of the impacted token assets had been replenished as of October 31. Binance also said it would absorb the financial impact rather than pass losses to users. Its investigation remains ongoing.
The incident involved unauthorized access to an internal wallet signing service. Binance said the attacker used on-chain authorization mechanisms to move assets outside the normal withdrawal process. The company suspended withdrawals as a containment measure, then began reopening them in phases after security checks.
Withdrawals return in stages
CryptoBriefing reported on November 6 that Binance had reopened withdrawals for more than 62 tokens and was targeting restoration for six remaining tokens and assets on already-serviced networks by the following week. The report said BNB was among the major assets included in the first withdrawal phase on November 1. It also cited approximately 3.6 billion USD in net outflows on that first day of reopened withdrawals, based on Binance's figures.
What investors should watch
For BNB holders, the recovery process matters beyond the immediate withdrawal timetable. BNB serves as the native asset of BNB Chain and remains closely associated with the exchange that issued it. That creates a company-specific risk alongside broader crypto-market volatility. The latest price data show that BNB remained below its 719.55 USD close on November 4 and its 758.67 USD close on October 28, according to Kinzan. The figures describe market positioning, not a forecast or a trading recommendation.
Further developments in withdrawal restoration, asset replenishment and Binance's technical review are therefore likely to remain relevant to the BNB price. More coverage is available on the BNB topic page.
