Binance Resumes BNB Withdrawals With Compensation at 95%

BNB Withdrawals Enter First Phase

BNB withdrawals return to Binance on Sunday, with the crypto exchange scheduling the first phase between 15:00 and 18:00 KST and naming BNB among the tokens included. The notice, issued on 2026-11-01, frames the window as a schedule rather than a promise: the company separates the planned resumption from the actual moment any single BNB withdrawal clears, and from whether the withdrawal system as a whole has returned to normal. For BNB holders the distinction is practical. A withdrawal window is the mechanism that returns custody-held tokens to wallets users control themselves, and its reopening is what lets them move funds again after the pause. Compensation work ran ahead of the plumbing through the weekend. An update published on Saturday, 2026-10-31, put roughly 90% of the funds affected by the incident back with users; a Sunday update lifted that share to about 95%. The company has committed more than $6.34 billion to the effort, a figure it describes as the amount allocated to compensation rather than the size of the loss itself. Balance coverage sits alongside the payouts: the exchange states that customer holdings across ten major tokens, BNB among them, are backed at 100%. Both lines come from the company's own recovery updates, which have moved the restoration share upward in successive releases. Trading, for its part, never stopped. BNB price action closed Saturday's session at $703.95 after an intraday dip to $698.79, and live monitoring at 07:50 UTC on Sunday placed the token at $705.98, up 0.9% over 24 hours, a print that leaves the asset slightly above where October ended, with the session low and the current quote sitting on either side of the $700 line.

October Closed 5.5% Short of Target

Saturday's daily candle carries the detail behind the finish. On spot markets, the UTC record for 2026-10-31 shows an open of $704.41, a high of $710.83 and a low of $698.79 before the $703.95 close. That candle is drawn on UTC time and was only finalized at 09:00 KST on Sunday, which is why an October 31 close was confirmed the following morning in Seoul. The session spent part of its life under the $700 line and ended back above it, so the widely discussed “$700 defense” is a statement about the close, not about every hour of trading. The week's arithmetic frames how the month ran out. Thursday's 2026-10-29 candle lost 8.08%, Friday's added 0.85% and Saturday's trimmed 0.07%, each measured against the prior UTC close. Against that sequence, CoinDCX's month-end outlook, published on 2026-10-30 under the title “BNB Price Prediction October 2026,” called for a close near $745 inside a $700 to $770 range. The actual $703.95 finish landed inside that range and still missed the target by $41.05, about 5.5%. The forecast itself draws the distinction: meeting the range and reaching the target are separate tests, and October passed one without the other. A conditional map dated 2026-10-31 kept the paths symmetrical. A daily close under $690 would hand the next reference to $680, while a recovery of the $735 to $750 band would reopen the run toward $770. Saturday's close cleared neither trigger and left the market between them. An earlier session held its $735 trend line through a pullback from $810, which shows how finely that upper band is drawn. The $41.05 gap to the target is more than three times the session's full high-to-low span of $12.04.

Resistance Sits Just Above the Market

The standing BNB technical analysis map puts the hardest ceiling within arm's reach of the live quote. Resistance at $707.29, where the EMA 100, the pivot point and the 0.382 Fibonacci meet, scored 100/100, about $1.30 above $705.98. Support at $688.24 scored 96/100, and the next marked ceiling beyond sits at $777.91, where the Supertrend Indicator meets the Ichimoku cloud top. Momentum is defensive: the RSI reads 39.49 and the trend label is a downtrend. Open interest stands at $617.1 million and the long/short account ratio at 2.88, 74.2% long, a crowd that becomes exit liquidity if $707.29 holds. The BNB market mood reads 34 out of 100 on the Fear & Greed Index. The $39.02 gap from the live quote to the $745 target closes at $707.29 first; below $688.24, $680 returns.