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Ethereum at $2,248: Binance Exodus vs DEX Surge — Who's Wrong?

The $6.3 Billion Hack That Split Crypto in Two Co-produced by Daniel Aharonoff and DigitalDan As the chief editor of ethdan.me, I have covered a lot of wild weeks in crypto. But this one is different. This is not just a price story. This is a trust story — and trust, once broken in crypto, does not heal with a press release. Here is the scene as Monday, November 2, 2026, closes. Ethereum is trading around $2,248, down about 1% on the day. Bitcoin is near $76,732. Solana is around $91.56. On the surface, that looks like just another red day. Underneath, something much bigger is moving: money is walking out of the biggest exchange in crypto, and a rival idea — trading without an exchange at all — is suddenly having its moment. So let me ask the question this whole week now hinges on: What's the Big Deal? What's the Big Deal? Binance Reopened — And the Money Ran Binance reopened withdrawals in phases on November 1, after the October 29 security breach estimated at about $6.3 billi...

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