Traders have pulled billions of dollars from Binance since late last week, when the crypto exchange giant suffered the largest cyber theft in history.
Net withdrawals from the platform reached $4.7bn (€4.2bn) by Monday morning in London, according to a Binance spokesperson.
The outflows represent less than 3pc of the $166bn in assets held by the world’s largest crypto venue, the spokesperson said.
Binance restored customer withdrawals on Sunday after freezing them in the wake of the $6.4bn exploit, which the Federal Bureau of Investigation has attributed to North Korean hackers.
After the hack was first detected on Thursday evening, Binance worked with industry partners, including stablecoin issuers, to swiftly freeze almost half the stolen funds.
The company vowed to cover the losses in full, and as of Sunday, had patched about 95pc the total.
Withdrawals have remained within the exchange’s expectations, the Binance spokesperson said, adding that deposits have been “steadily increasing”.
The wider digital-assets market, meanwhile, has remained relatively steady in the wake of the incident.
Industry bellwether bitcoin was little changed, trading at around $77,700 on Monday.
The way Binance has so far absorbed the hit is “absolutely mind-blowing”, said Karl-Martin Ahrend, co-founder at Areta, an advisory firm focused on digital assets.
Some outflows and rebalancing from traders is “absolutely expected”, he said, but he doesn’t....
