【Exchange chain thefts, is the market about to collapse? My prediction: lots of thunder, little rain】
This isn’t FTX: that was using users’ money to gamble. This time, hackers stole the platform’s hot wallet. Users’ assets weren’t moved—there’s full coverage—so there’s no basis for a bank run.
The selling pressure has also already played out. The XRP early-morning sell-off was caught, and the support is real.
The impact is structural, not price-related: it weighs on short-term sentiment toward low-cap alts, while long-term it’s good for cold wallets.
Bitcoin can do what it should do. Alts accelerate but also diversify. A crisis is, as always, an opportunity for the leaders. #XRP $XRP
This isn’t FTX: that was using users’ money to gamble. This time, hackers stole the platform’s hot wallet. Users’ assets weren’t moved—there’s full coverage—so there’s no basis for a bank run.
The selling pressure has also already played out. The XRP early-morning sell-off was caught, and the support is real.
The impact is structural, not price-related: it weighs on short-term sentiment toward low-cap alts, while long-term it’s good for cold wallets.
Bitcoin can do what it should do. Alts accelerate but also diversify. A crisis is, as always, an opportunity for the leaders. #XRP $XRP
