{"id":7807,"date":"2026-11-10T20:09:42","date_gmt":"2026-11-10T20:09:42","guid":{"rendered":"https:\/\/tokenmetrics.com\/blog\/resume-cash-withdrawals-after-49m-hack\/"},"modified":"2026-11-10T20:09:42","modified_gmt":"2026-11-10T20:09:42","slug":"resume-cash-withdrawals-after-49m-hack","status":"publish","type":"post","link":"https:\/\/tokenmetrics.com\/mercado-bitcoin\/news\/resume-cash-withdrawals-after-49m-hack\/","title":{"rendered":"Mercado Bitcoin Resumes Pix Withdrawals After $49M Hack"},"content":{"rendered":"<h2>Signal Snapshot<\/h2>\n<ul>\n<li>Mercado Bitcoin plans to restart cash moves via Pix next week.<\/li>\n<li>The restart follows an attack that drained about $49 million from linked wallets.<\/li>\n<li>Cash moves return first. Crypto deposits and withdrawals stay paused.<\/li>\n<li>Bitcoin sat near $73,000 and was down about 2% on the day.<\/li>\n<li>Top risk is the crypto restart stalls or cash exits spike on reopen.<\/li>\n<\/ul>\n<h2>Key Takeaways<\/h2>\n<ul>\n<li>Mercado Bitcoin will bring back reais deposits and withdrawals via Pix next week after a $49 million hack.<\/li>\n<li>It matters because cash rails reopen first while crypto stays locked, which tests trust.<\/li>\n<li>The real read is this is a slow repair, not a full fix, until crypto moves return.<\/li>\n<\/ul>\n<h2>What Happened<\/h2>\n<p>Mercado Bitcoin is one of Brazil&#8217;s largest crypto exchanges. A company rep said cash services return next week. The update was shared in <a href=\"https:\/\/cointelegraph.com\/news\/pix-withdrawals-resume-mercado-bitcoin-hack?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" rel=\"noopener\">a report on Pix withdrawals<\/a>.<\/p>\n<p>The restart comes more than 15 days after the attack. The attack drained an estimated $49 million from wallets linked to the firm.<\/p>\n<p>Starting next week, users can deposit and withdraw reais through Pix. Pix is Brazil&#8217;s instant payment system for cash moves.<\/p>\n<p>There are limits on the first phase. Users can only withdraw to accounts in their own name.<\/p>\n<p>Crypto is still on hold. Crypto deposits and withdrawals remain paused. No date has been set for their return.<\/p>\n<p>This is a security event and a company event. It is not a rules change. It is not a network upgrade. It is an exchange working to restore service after a loss.<\/p>\n<h2>Why It Matters<\/h2>\n<p>Cash first makes sense. Users need to see balances. They need to move reais in and out. That calms fear fast.<\/p>\n<p>Crypto paused hurts more. Traders cannot move coins off the venue. They cannot add coins to trade. They sit and wait.<\/p>\n<p>Trust is the real test. An exchange holds cash and coins for users. A hack breaks that trust. A clear reopen plan can help rebuild it.<\/p>\n<p>Phased returns are normal after hacks. Cash moves come before crypto moves. Each step shows systems are stable.<\/p>\n<p>Own-name withdrawals add control. They cut fraud risk during reopen. They slow money flight to third parties. They help track flows.<\/p>\n<p>For investors, watch what reopens and what stays shut. Cash open plus crypto shut means partial function. Full function needs both rails live.<\/p>\n<p>This touches three crypto rails. It touches exchanges for trading access. It touches custody for coin safety. It touches payments for Pix cash moves.<\/p>\n<p>The second-order point is simple. If cash exits run smooth, fear fades. If cash queues build, fear spreads. The Pix line is now the stress gauge.<\/p>\n<h2>Token Metrics View<\/h2>\n\n<p>Token Metrics data frames the market mood around this repair. Bitcoin traded near $73,000 at the snapshot. It was down about 2% on the day. It was down about 5% over the past week. Total value sat near $1.5 trillion.<\/p>\n<p>That soft tape matters for an exchange restart. Falling prices raise stress. Users watch losses and want exits. Calm prices make queues less likely.<\/p>\n<p>Polymarket traders see more downside risk near term. Bets on a dip to $72,500 were priced near 86%. That level sits about $820 below spot. It is close enough to feel live.<\/p>\n<p>Bets on a dip to $70,000 were priced near 59%. That level sits about $3,300 below spot. Bets on a dip to $67,500 were priced near 34%. That level sits about $5,800 below spot.<\/p>\n<p>You can track those odds in <a href=\"https:\/\/polymarket.com\/market\/will-bitcoin-dip-to-72pt5k-in-november-2026\" target=\"_blank\" rel=\"noopener\">bets on a dip to $72,500<\/a>. <a href=\"https:\/\/polymarket.com\/market\/will-bitcoin-dip-to-70k-in-november-2026\" target=\"_blank\" rel=\"noopener\">bets on a dip to $70,000<\/a> and <a href=\"https:\/\/polymarket.com\/market\/will-bitcoin-dip-to-67pt5k-in-november-2026\" target=\"_blank\" rel=\"noopener\">bets on a dip to $67,500<\/a>. They show how traders hedge downside into month end.<\/p>\n<p>The read is plain. Spot is weak on the week. Near-term dip odds look high. That is a cautious backdrop for a cash reopen.<\/p>\n<p>Token Metrics tagged this as a market snapshot. That fits the moment. The hack is firm-specific. The price mood is market-wide. Both shape how users act next week.<\/p>\n<p>For holders, the link is indirect. Mercado Bitcoin does not set Bitcoin price. But local trust shocks can lift local selling. Global price softness can add to it.<\/p>\n<p>What would help here is boring proof. Cash moves clear on time. Support times stay short. No new incident posts appear. Boring is bullish for trust.<\/p>\n\n\n<h2>Market Context<\/h2>\n<p>This is an exchange story. It is also a security story. Funds left linked wallets. Service shut down. Service now returns in steps.<\/p>\n<p>Exchange hacks follow a known playbook. Pause moves first. Check balances next. Bring back view-only access. Then bring back cash. Then bring back crypto.<\/p>\n<p>Cash rails are easier to restart. Pix runs through banks and payment accounts. Crypto rails need wallet checks. Key safety must be proven first.<\/p>\n<p>Brazil adds context. Pix is the daily way to move reais. Users expect instant cash moves. A Pix pause feels big. A Pix return feels real.<\/p>\n<p>One of Brazil&#8217;s largest venues going read-only matters. Many users check at once. Rumors spread fast. Clear timelines cut noise.<\/p>\n<p>No prior analogs were supplied for this brief. So we do not force a match. Still, the pattern is known to close watchers. Speed plus proof wins back users.<\/p>\n<p>Liquidity is the lens to use. Cash liquidity returns next week. Crypto liquidity stays shut. Total liquidity is still split.<\/p>\n<p>Sentiment is the other lens. A hack dents faith. A smooth cash return lifts it a bit. A crypto return would lift it more.<\/p>\n<p>Regulation is background, not driver. Own-name rules fit bank norms. They are not a new law. They are a control for reopen.<\/p>\n<p>Macro is background too. Bitcoin is soft on the week. That can sour mood. It does not change the fix list for the exchange.<\/p>\n<h2>Risks to Watch<\/h2>\n<ul>\n<li><strong>Crypto delay:<\/strong> Crypto moves have no return date. A long pause can push users away.<\/li>\n<li><strong>Cash queue:<\/strong> Many users may seek cash at once. Slow Pix lines would hurt trust.<\/li>\n<li><strong>Trust gap:<\/strong> Statements help, but proof matters more. Users want withdrawals that clear.<\/li>\n<li><strong>New events:<\/strong> Any fresh security problem would reset progress. Silence on that front helps.<\/li>\n<\/ul>\n<p>What would make this matter less is fast and clean proof. Cash moves clear on day one. No backlog forms. Crypto gets a firm date. Balances match what users expect. If those land, the headline fades to a repair note. If they slip, the headline stays live.<\/p>\n<h2>What to Watch Next<\/h2>\n<ul>\n<li>Watch for the Pix switch to flip next week and for first user reports of clear times.<\/li>\n<li>Watch for a firm date on crypto deposits and withdrawals, not just cash.<\/li>\n<li>Watch for updates from the firm on next steps for restoring service.<\/li>\n<li>Watch for any change to own-name withdrawal rules.<\/li>\n<li>Watch for signs of normal use, such as stable support times and no new pauses.<\/li>\n<\/ul>\n<p>This piece is for context only, not investing advice. Use it to track events, not to place trades.<\/p>\n<h2>Sources \/ Data Used<\/h2>\n<ul>\n<li><a href=\"https:\/\/cointelegraph.com\/news\/pix-withdrawals-resume-mercado-bitcoin-hack?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" rel=\"noopener\">Cointelegraph report on Pix withdrawals resuming<\/a><\/li>\n<li>Token Metrics data show Bitcoin near $73,000. It fell about 2% on the day and about 5% on the week. Polymarket dip odds and the Daily Pulse snapshot tag were also used.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"Mercado Bitcoin will resume reais deposits and withdrawals via Pix next week after a $49 million attack. Crypto transfers stay paused. Here is how the phased reopening works and what still needs proof.","protected":false},"author":1,"featured_media":7806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_tm_paid_cta_tier":"","_tm_paid_cta_heading":"","_tm_paid_cta_body":"","csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_page_reading_time":"","csco_page_toc_navigation":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1408,158],"tags":[1421,252,319,937,1460],"sections":[183],"entities":[1409],"class_list":["post-7807","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mercado-bitcoin","category-news","tag-brazil","tag-exchange","tag-hack","tag-mercado-bitcoin","tag-pix","section-news","entity-mercado-bitcoin","cs-entry","cs-video-wrap"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/tokenmetrics.com\/blog\/wp-content\/uploads\/2026\/11\/resume-cash-withdrawals-after-49m-hack-featured.webp","_links":{"self":[{"href":"https:\/\/tokenmetrics.com\/blog\/wp-json\/wp\/v2\/posts\/7807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tokenmetrics.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tokenmetrics.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tokenmetrics.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tokenmetrics.com\/blog\/wp-json\/wp\/v2\/comments?post=7807"}],"version-history":[{"count":0,"href":"https:\/\/tokenmetrics.com\/blog\/wp-json\/wp\/v2\/posts\/7807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tokenmetrics.com\/blog\/wp-json\/wp\/v2\/media\/7806"}],"wp:attachment":[{"href":"https:\/\/tokenmetrics.com\/blog\/wp-json\/wp\/v2\/media?parent=7807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tokenmetrics.com\/blog\/wp-json\/wp\/v2\/categories?post=7807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tokenmetrics.com\/blog\/wp-json\/wp\/v2\/tags?post=7807"},{"taxonomy":"section","embeddable":true,"href":"https:\/\/tokenmetrics.com\/blog\/wp-json\/wp\/v2\/sections?post=7807"},{"taxonomy":"entity","embeddable":true,"href":"https:\/\/tokenmetrics.com\/blog\/wp-json\/wp\/v2\/entities?post=7807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}