Scott Melker, host of The Wolf Of All Streets podcast, reported on X (formerly Twitter) on Thursday, November 5, 2026, at 04:16:52 UTC, that Binance has resumed withdrawal services for various digital assets. Melker stated, "BINANCE BEGINS REOPENING WITHDRAWALS FOR MORE ASSETS ON ETHEREUM, BNB CHAIN, BASE, TRON, POLYGON AND SUI, INCLUDING $UNI, $AAVE, $AVAX AND $INJ". The announcement indicates a restoration of liquidity functions for several altcoins on major blockchain platforms.
The broader crypto market has seen significant activity, with Bitcoin clearing $80,000 recently and institutional accumulation hitting a six-month high. Bitcoin currently trades at $80,393, up 4.8% over the past 24 hours. Ethereum is at $2,421, showing a 7.2% increase in the same period. The Crypto Fear & Greed Index is at 50, indicating a neutral sentiment. This follows reports on Strategy's STRC Preferred Shares hitting $100, which unlocks a path for Bitcoin acquisition.
Melker's report implies a positive operational development for Binance and its users, suggesting improved liquidity and reduced friction for traders. The reopening of withdrawals for a diverse set of assets across multiple chains like Ethereum, BNB Chain, Base, Tron, Polygon, and Sui could reinforce market confidence. This move is significant for the liquidity and accessibility of these specific altcoins, which include UNI, AAVE, AVAX, and INJ, potentially easing any concerns related to asset movement on the exchange.
