Binance has re-enabled withdrawals for Shiba Inu (SHIB), confirming on Tuesday, November 3, 2026, that the token can once again be moved from the exchange to external wallets. The resumption lifts a withdrawal freeze that had been in place since the exploit that drained roughly $6 billion from the crypto exchange, according to the exchange's official announcement as reported by COINOTAG.

Per the announcement, the restoration extends beyond SHIB, covering 55 tokens across two networks. For SHIB holders, the change restores a practical option that had been unavailable throughout the freeze: moving balances off the exchange into external wallets under their own control.

Withdrawal suspensions of this kind are a standard risk-management measure at centralized exchanges. Platforms routinely pause token withdrawals following security incidents while they assess losses, secure affected systems, and complete internal reviews before re-enabling on-chain transfers. Such freezes generally remain in force until the operator deems the networks safe, and services are often restored in stages as checks are completed.

Shiba Inu is a dog-themed meme token launched in 2020 and one of the best-known assets in the meme-token sector. It circulates primarily as an ERC-20 token on Ethereum and is also supported in BEP-20 form on BNB Chain, giving holders multiple network options for transfers. Binance, one of the world's largest cryptocurrency exchanges by trading volume, lists SHIB against multiple trading pairs.

The announcement excerpt published by COINOTAG did not include further operational details beyond the resumption itself. Given that exchanges typically restore services in stages as checks are completed, any further updates on the scope or timing of additional restorations would come through Binance's official announcements.

This content was first published on COINOTAG: https://en.coinotag.com/binance-restores-shiba-inu-shib-withdrawals-55-tokens