Binance Restores HYPE and APT Withdrawals: India Guide

Binance restored withdrawals for Hyperliquid (HYPE) and Aptos (APT) on Sunday, 8 November 2026 — the latest step in the exchange's phased recovery from the $6.3 billion hot-wallet theft of 29 October. The two assets came back ahead of the schedule Binance had announced two days earlier, joining dozens of Ethereum and Solana tokens that were already withdrawable. But the same reporting that carried the good news also carried a sobering number: data from CryptoQuant shows Binance's bitcoin reserves have fallen by roughly 56,000 BTC since before the attack, with ethereum holdings down by about 400,000 ETH. This guide explains what was restored, what the reserve figures actually mean, what is still not back, and what Indian users should check before moving any funds.

> Educational content only. This is not financial advice. Crypto markets are volatile — never invest money you can't afford to lose. This guide explains a withdrawal restoration and exchange reserve data; it does not recommend any coin, exchange or trade.

What Binance Announced on 8 November

On Sunday, 8 November 2026, Binance published its latest withdrawal update. The announcement was short and specific. In the exchange's words, as quoted by crypto.news, Bitcoin.com and The Coin Republic: "Withdrawals have now been re-enabled for the following networks and assets: HYPE, APT."

The update listed the two assets as new additions alongside the assets already restored in earlier waves — stablecoins such as RLUSD, USD1, TUSD, FDUSD and XUSD on Ethereum, and a long list of Ethereum and Solana tokens including LINK, SHIB, ONDO, PENDLE, Worldcoin, BONK, Jupiter, Render, Raydium and Pyth. The exchange repeated its standing line that it will "continue to restore additional assets and networks in phases as security checks are completed," and directed users to its official channels for the latest status.

Two details make this update different from a routine status note. First, the timing: Binance's recovery announcement of 6 November had named six assets — HYPE, APT, INJ, PLASMA, NEAR and LTC — as targets for reopening by the end of the following week. HYPE and APT returned within two days, ahead of that target. Second, the context: the same day's reporting paired the restoration with fresh CryptoQuant reserve data showing how much crypto has left the exchange since the attack. The restoration and the outflows are two sides of the same story, and both matter for anyone deciding whether and when to move funds.

For Indian readers, the direct relevance is simple. Binance is one of the most-used offshore exchanges among Indian crypto users, and the question since 29 October has been the same one every day: can I get my crypto out, and is it safe to leave it there? Each withdrawal wave answers part of that question. HYPE and APT holders now have their answer. Holders of INJ, PLASMA, NEAR and LTC do not yet — Binance's 8 November update did not confirm whether those four had completed their security checks.

Why HYPE and APT Came Back First

To understand why two specific assets returned ahead of schedule, it helps to know how Binance has been running this recovery. Since withdrawals began reopening on 1 November, the exchange has restored services asset by asset and network by network, rather than flipping a single switch. Each asset and each blockchain network gets its own security assessment, and it returns only when that assessment is complete. That is why the restoration has arrived in waves: bitcoin and major assets across 15 networks on 1 November, Ethereum and Solana tokens including LINK, SHIB and BONK on 3 November, a second broader wave the same week, and now HYPE and APT on 8 November.

The 6 November announcement had grouped six assets together with a shared target — reopening by the end of the following week. HYPE and APT clearing their checks within two days suggests their assessments finished early, not that the schedule was changed. It does not tell us anything about the remaining four assets, and Binance has not published a new timetable for them. The exchange has consistently said that the availability of withdrawals depends on the specific asset and network, and that the restoration of one token does not establish that every route has returned to normal. That caveat applies here too: the 8 November notice did not specify whether every network route for HYPE and APT is available, so users should check the exact asset-and-network combination they intend to use.

There is also a market detail worth noting without over-reading it. At the time of the announcement, HYPE was trading near $77.12, down about 2.47% over the preceding 24 hours, and APT was near $0.5944, according to market data cited in the reporting. Those are price snapshots, not signals — they describe where the two tokens stood on the day their withdrawals reopened, and nothing more. This guide makes no claim about where either token's price goes next, because that is not something a restoration announcement can tell you.

The Full Recovery Timeline So Far

The HYPE and APT restoration is the latest entry in a recovery that has now run for ten days. The sequence, as reported by Binance and by Reuters, crypto.news and other outlets, looks like this:

Date	What happened
29 October 2026	Attackers drain about $6.3 billion from Binance hot wallets; withdrawals suspended
30 October 2026	Binance confirms the incident; deposits and withdrawals paused
1 November 2026	Withdrawals resume in phases, starting with bitcoin and selected assets across 15 networks; Binance says about 95% of the affected amount is covered
2 November 2026	Binance finalises reserve verification for ten cryptocurrencies; Reuters reports $3.64 billion in net customer outflows, about 2.1% of the exchange's assets
3 November 2026	Second wave: Ethereum and Solana tokens including LINK, SHIB and BONK reopen
4 November 2026	Binance publishes its first detailed incident report — fake job interview, tampered download, compromised internal AI tool
6 November 2026	Recovery announcement targets HYPE, APT, INJ, PLASMA, NEAR and LTC for reopening by the end of the following week
8 November 2026	HYPE and APT withdrawals re-enabled, ahead of schedule

That timeline is the reason this update deserves its own explainer rather than a footnote. The first wave on 1 November and the second wave on 3 November each got covered here when they happened, because each wave changed the practical answer to "can I withdraw yet?" for a different group of holders. The 8 November wave does the same for HYPE and APT holders — and the reserve data published alongside it changes the picture for everyone else.

What the Reserve Numbers Show

The most consequential new figure in the 8 November reporting did not come from Binance's announcement. It came from CryptoQuant, the on-chain data provider, whose exchange metrics were examined through 8 November and reported by Bitcoin.com. The numbers show how much crypto has left Binance since the attack:

• Bitcoin reserves: down from approximately 730,000 BTC before the attack to about 673,700 BTC — a decline of roughly 56,000 BTC.
• Ethereum reserves: down by roughly 400,000 ETH over the same period.
• Stablecoin reserves: also down substantially, according to the same CryptoQuant metrics.

Those figures need careful reading, because a fall in exchange reserves can mean several different things, and the reporting does not settle which one dominates. Part of the decline is the outflow that followed the reopening: when withdrawals resumed on 1 November, many users moved funds off the exchange, and Reuters reported $3.64 billion in net outflows by 2 November, with withdrawals stabilising after the initial spike. Part of it may be Binance itself moving funds as it replenished impacted tokens and rebalanced its wallets — the exchange said on 1 November that about 95% of the affected amount was covered, and chief executive Richard Teng later put replenishment at 98%, with $2.85 billion in stolen assets frozen or intercepted. And part of it may be users choosing, after the largest exchange theft on record, to hold their crypto elsewhere.

What the reserve figures do establish is scale. A decline of roughly 56,000 BTC and 400,000 ETH is not a rounding error, and it arrived alongside the news that daily withdrawal pressures appear to be easing — the initial rush after reopening has slowed, even as the total that has left remains large. For Indian users, the practical takeaway is not a verdict on Binance's solvency — this guide does not make one, and reserve data alone cannot support one — but a reminder that the exchange's balance sheet and its users' behaviour have both moved a long way since 29 October. The exchange that restores your withdrawal route is not necessarily the same exchange, in terms of how much crypto it holds, as the one you deposited into.

What "98% Replenished" Means for Users

Binance's own numbers have moved during the recovery, and it is worth keeping them straight. On 1 November, the exchange said it had covered about 95% of the affected amount. By the time of its detailed incident report on 4 November, chief executive Richard Teng was writing that 98% of impacted tokens had been replenished and that the remaining 2% was being completed. The same report put the frozen or intercepted share of the stolen assets at about $2.85 billion, and said no user is bearing the loss.

Those are Binance's figures, reported by the company and carried by Reuters, crypto.news and others. They describe the exchange's own recovery of the stolen funds and its coverage of user losses — not the volume of user withdrawals, and not the exchange's reserves. The two sets of numbers tell different stories: replenishment is about Binance making users whole after the theft, while the CryptoQuant reserve decline is about how much crypto users have since chosen to move off the platform. Both can be true at once. An exchange can cover its losses and still see large outflows, because users who can withdraw often do withdraw after a scare — and the Reuters figure of $3.64 billion in net outflows by 2 November shows that many did exactly that.

There is one more figure from the recovery that Indian users should know. Binance's proof-of-reserves snapshot of 2 November verified full backing for ten cryptocurrencies — BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC — with a full zero-knowledge proof due on 3 November. That verification is a snapshot, not a guarantee: it shows the exchange held enough of those assets on that date. It does not cover every asset, and it does not stop reserves from moving afterwards, as the CryptoQuant data shows they have.

What Indian Users Should Check Before Withdrawing

If you hold HYPE or APT on Binance, or you are waiting for another asset to return, the 8 November update changes your checklist in four practical ways.

First, check your exact asset and network. Binance's restoration is asset-by-asset and network-by-network. The 8 November notice confirms HYPE and APT, but it does not confirm every network route for either token, and it does not confirm the other four assets from the 6 November list. Before you initiate a withdrawal, open the withdrawal page, select your asset and your destination network, and confirm that the route is actually available. Do not assume that because one HYPE route is open, every HYPE route is open.

Second, expect the withdrawal to work — but verify it landed. Withdrawals have broadly resumed, and Binance says the initial outflow spike has stabilised. That is a good sign. Even so, after any exchange incident, the sensible habit is to send a small test amount first when the platform and the amount allow it, confirm it arrives at the destination wallet, and only then move the rest. If a withdrawal is delayed, check Binance's official withdrawal-status page and its announcements before retrying or switching networks.

Third, decide where the funds should live next. The reserve data is a reminder that many users moved crypto off Binance after the hack — and that is a decision, not a default. Keeping only trading money on an exchange and holding the rest in a wallet you control, such as a hardware wallet for larger amounts, means no single platform's freeze or failure can lock up everything you own. That principle applies to Indian exchanges as well as offshore ones. India has no equivalent of South Korea's rule requiring exchanges to keep 80% of customer crypto in cold storage, and FIU-IND registration — which Indian exchanges hold — covers customer verification and reporting, not a guarantee about where an exchange keeps its funds.

Fourth, keep the tax picture straight. Moving crypto off an exchange is not, by itself, a sale. But selling crypto for rupees, or swapping one crypto for another, is a taxable event in India. Gains are taxed at a flat 30% with 1% TDS on sales, and you still need to report the income when you file your return — whichever exchange you use, and wherever it is based.

Tax note: crypto tax rules can change — the 30% rate and 1% TDS described here were current as of September 2026. Verify the latest rules before filing.

What Is Still Not Back

The 8 November update is a partial restoration, and the unfinished part matters as much as the finished part. Four assets from Binance's 6 November list — INJ, PLASMA, NEAR and LTC — were not confirmed as restored in the 8 November announcement, and Binance has not published a new timetable for them. Other assets and networks remain subject to individual security checks, and the exchange has not published a complete list of what is still restricted. If you hold one of those assets, the honest position is that there is no date yet — only the exchange's statement that it will restore more assets and networks as checks finish.

That is also the right frame for the recovery as a whole. Ten days after the attack, the major assets are withdrawable, the second wave of tokens is back, and now HYPE and APT have joined them. The replenishment figure has risen from 95% to 98%. The outflow spike has eased. But the reserve data shows the exchange holding substantially less bitcoin and ether than it did before the attack, and the investigation into the theft itself continues — the FBI has attributed the attack to the North Korean unit known as TraderTraitor, an attribution North Korea has denied, and Binance's own report describes an intrusion that began in June with a tampered download and a fake job interview. None of that is resolved by a withdrawal update, and none of it needs to be for the update to matter: for HYPE and APT holders, the practical question — can I move my funds? — now has an answer.

How to Read Withdrawal-Restoration News

Because this is the third withdrawal wave this site has covered, it is worth a short guide to reading the next one — there will almost certainly be a next one, for INJ, PLASMA, NEAR, LTC or another asset.

A wave is news when it names assets. "Withdrawals are being restored" is a process; "HYPE and APT withdrawals are re-enabled" is an event, because it changes what specific holders can do. When you see a new announcement, the first question is always: which assets, and which networks?

"Ahead of schedule" is a detail, not a verdict. HYPE and APT returned two days after being named, ahead of a target of the end of the following week. That tells you the security checks finished early. It does not tell you the exchange is fully recovered, and it does not tell you anything about the assets still waiting.

Reserve data and restoration data are different stories. Restoration tells you what you can withdraw. Reserve data tells you how much crypto the exchange holds, and how much has left. Both are worth following, but neither substitutes for the other — and neither, on its own, is a safety rating.

Official channels are the source of truth. Binance publishes its withdrawal updates through its own announcements and its official account. Third-party reporting — including this guide — relays and explains those updates, but if a withdrawal route behaves differently from what you read, the exchange's own status page is the place to check first.

Finally, a note on search interest in India. Google Trends India data for the past 24 hours, read on the morning of 9 November, showed HYPE search interest peaking at the top of its own scale at 1:14 a.m. IST and still elevated at 8:10 a.m., while "binance hacked" was among the rising queries for Binance. That is consistent with Indian users actively checking on the restoration — and it is the reason this explainer leads with the practical checklist rather than the price of either token. When people search for a withdrawal update, what they need is the answer to "can I move my funds, and how?" — not a prediction about what happens next.

The Bottom Line

On 8 November 2026, Binance re-enabled withdrawals for Hyperliquid (HYPE) and Aptos (APT), two days after naming them — along with INJ, PLASMA, NEAR and LTC — for reopening by the end of the following week. The two assets join bitcoin, major assets across 15 networks, and dozens of Ethereum and Solana tokens already restored since 1 November, while the other four named assets have not yet been confirmed as back. Binance says 98% of impacted tokens have been replenished and about $2.85 billion in stolen assets was frozen or intercepted. At the same time, CryptoQuant data shows the exchange's bitcoin reserves down by roughly 56,000 BTC and its ethereum holdings down by about 400,000 ETH since before the attack — a reminder that restoration and outflows are happening together.

For Indian users, the message is practical: if you hold HYPE or APT, check your exact asset-and-network route before withdrawing, send a test amount where possible, and decide where your funds should live next rather than leaving them on an exchange by default. If you hold INJ, PLASMA, NEAR or LTC, there is no confirmed date yet — only the exchange's word that more routes will return as security checks finish.

Keep Learning

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