CoinDCX denies that the wallet irregularity affected existing funds; ZachXBT posts on-chain evidence to refute the claim
After a security incident, the market usually goes through three stages:
1) Initial reaction: news spreads and selling pressure builds;
2) Assessment: How large are the losses relative to market cap, and have the stolen funds been dumped?
3) Aftermath: The project team's response determines whether confidence can recover.
$BTC is currently at 81770.01, down 2.19% over 24h. Don't rush to conclusions—wait until the second stage becomes clearer before assessing the situation.
After a security incident, the market usually goes through three stages:
1) Initial reaction: news spreads and selling pressure builds;
2) Assessment: How large are the losses relative to market cap, and have the stolen funds been dumped?
3) Aftermath: The project team's response determines whether confidence can recover.
$BTC is currently at 81770.01, down 2.19% over 24h. Don't rush to conclusions—wait until the second stage becomes clearer before assessing the situation.