Binance Restores Shiba Inu (SHIB) Withdrawals for 55 Tokens Across Two Networks

55 Tokens Move Again on Ethereum and Solana

Binance re-enabled withdrawals for Shiba Inu (SHIB) on Tuesday, November 3, lifting a freeze that had been in place since the exploit that drained roughly $6 billion from the crypto exchange. The exchange's official announcement confirms that SHIB can once again be moved to external wallets, together with 32 other tokens on Ethereum and 22 assets on Solana, a combined 55 cryptocurrencies. The attack, one of the largest in crypto history, sent shockwaves through the broader altcoin ecosystem and forced the platform, the world's largest exchange by volume, to suspend withdrawals across many networks while security checks ran. Holders had been left without a direct route to self-custody during that period, a restriction that covered dozens of tokens at once. Among the Ethereum-based names now live again are Chainlink (LINK), Ethena (ENA) with its USDe stablecoin, Pendle, Worldcoin (WLD), Ondo, a token tied to real-world assets, and Bitcoin (BTC). On Solana, the list covers Pump.fun (PUMP), Render, Raydium (RAY), Jupiter (JUP), plus Bonk and Dogwifhat (WIF), both memecoins like Shiba Inu (SHIB) itself. Pudgy Penguins (PENGU), the token linked to the NFT collection of the same name, and Official Trump are also back in the enabled set. Withdrawals for several Ethereum-based stablecoins had already been restored before this update. The reopening clears an operational restriction for the Shiba Inu community rather than a market constraint: the announcement does not state whether the interruption touched trading activity, and the Shiba Inu price has stayed under pressure, trading near $0.00000458 on November 3.

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Exchange's official announcement.

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SHIB Tests $0.00000450 Support

Market data shows the token trading around $0.00000458 on November 3, the product of a sustained decline from its October highs. Shiba Inu (SHIB) sits below several major moving averages, a configuration that keeps bearish momentum in control, and it has also broken below an ascending support trendline that had underpinned the recovery earlier this autumn. Buying interest is weakening: multiple trendlines have given way, and the $0.00000450 area has emerged as the immediate support zone. A further slide would expose lower supports around $0.00000430 and $0.00000410, levels that our support and resistance levels page tracks in real time. On the upside, sentiment would flip only with a reclaim of the $0.00000500–$0.00000520 region, which marks the short-term technical improvement zone; until that band is recovered, the path of least resistance points down. The withdrawal freeze itself was not the driver: trading activity and price performance were not directly affected by the limitation, apart from on-chain transfers. No volume response to the reopening has been confirmed yet. Our earlier read on how bearish indicators aligned around the $0.00000460 breakdown remains consistent with this picture, and nothing in the price record so far suggests fresh demand arrived with the reopened withdrawals.

A Service Fix, Not a Demand Signal

The reopening is best read as a service-recovery milestone, not a demand signal. It restores a route to self-custody for Shiba Inu holders at a moment when the token's chart gives buyers little to work with, and the exchange has framed the change in exactly those terms, as one step in returning services to their pre-attack state. Binance has said it will continue to restore withdrawals for additional assets and networks in phases as security checks are completed, which keeps the remaining frozen assets, and any further SHIB developments on the venue, tied to the exchange's security review rather than to the token's own fundamentals.