Binance reports $11 billion withdrawn in 46 hours as Zhao says few funds went to rivals

T2Covered by 1 source · first reported by The Defiant / DL News / Protos / CryptoSlate at 04 Nov, 11:10 UTC

Binance reported about $11 billion in withdrawals between 06:00 UTC on Nov. 1 and 04:00 UTC on Nov. 3, after reopening services following its record $6 billion hack on Oct. 29. Deposits of about $6 billion offset just over half the withdrawals, leaving roughly $5 billion in net outflows over the…