The hacking incident—honestly, even if things are temporarily stabilized by suspending withdrawals, the pressure for a delayed drop is still there!

Losing money hurts, but when the market turns around, there are still chances to make it back. But once confidence in the industry is shattered, it simply can’t be rebuilt in a short time.

Hot wallets at centralized exchanges have always been hackers’ favorite targets, and with AI now in the mix, their attack methods are becoming increasingly sophisticated. Binance’s decision to suspend withdrawals immediately this time did prevent an immediate panic-driven collapse.

But that only delays the panic; it doesn’t solve the problem. Once people gradually start to react, and U.S. tech stocks keep sliding, sentiment around risk assets will come under pressure from both sides, and the market will have a hard time holding up.

Do you think this wave of panic can be absorbed quickly? If you want to keep an eye on unusual on-chain activity and how the market is holding up, come hang out in the chatroom and watch for signals!

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