Binance Excludes HYPE Token from Second Round of Withdrawal Reopenings
Key Facts
Binance announced a second round of withdrawal reopenings for various cryptocurrencies, but the HYPE token remains excluded from the list. According to u.today, HYPE token holders have faced withdrawal restrictions on the exchange for eight consecutive days.
The continued restrictions come as the exchange gradually restores services, raising concerns over liquidity and potential price volatility for the asset. Binance has not provided specific dates for reopening HYPE withdrawals, stating that every asset must pass security and readiness checks before services are restored.
Latest Updates · 3
- Major·
Update: Binance revealed that the withdrawal suspension followed a $6 billion attack on the exchange. The platform stated that the incident necessitated security updates for various tokens, including Litecoin, to ensure asset safety before services are fully restored.
- Notable·
Update: New data revealed that an address associated with Hyperliquid recorded cumulative losses of $13.79 million on November 5, 2026. The address held a leveraged Brent crude position valued at $95.7 million, adding further pressure amid the ongoing withdrawal restrictions on Binance.
- Notable·
Update: Significant capital movements were detected in Hyperliquid-linked accounts, with approximately $16 million in new stock-linked positions opened on November 6, 2026. These transactions followed the emergence of U.S. midterm election results and included the closure of $14 million in existing holdings.