Institutional crypto investors pull funds from exchanges following Binance hack

Institutional crypto investors are withdrawing funds from exchanges, according to CoinDesk, and the movement is being linked to a recent breach at Binance. The reported withdrawals suggest that the impact of the hack is extending beyond Binance itself to other platforms. The source does not provide details on the size of the breach or the amounts withdrawn. To complete a full 4-5 sentence summary, the full article text is needed.
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