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Bitcoin eases to $77,900 as Binance customers pull $3.6 billion after withdrawals reopen
Publication: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Authors: Oliver Knight, Omkar Godbole
Source published: 02/11/2026, 11:30:00 UTC
Briefing created: 02/11/2026, 12:08:02 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 02/11/2026, 11:40:24 UTC.
Briefings
Bitcoin dropped 0.4% to approximately $77,900 following a net withdrawal of $3.64 billion from Binance customers as withdrawals resumed. This decline occurred alongside a $643 million loss for spot ETFs. The event marks a significant shift in market liquidity dynamics after a period of high volatility.
Key points
- Bitcoin fell 0.4% to around $77,900 after Binance customers withdrew $3.64 billion in net funds.
- ETFs lost $643 million during the same period as withdrawals reopened.
Context
This market movement reflects a critical juncture where institutional and retail capital flows reversed, directly impacting Bitcoin's price stability and ETF performance metrics.
Limitations
Data reflects a single snapshot at 2026-11-02T11:30:00 UTC. Withdrawal timing and specific ETF inflows/outflows remain unquantified beyond the reported net figures.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 02/11/2026, 12:08:02 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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