The early-session pick-a-side question was half answered by noon: 80,000 hadn’t been reclaimed, and 76,500 was breached first. $BTC fell as low as 76,664 in the morning, then returned to around 78,600 by noon. This isn’t a rebound—it’s just catching its breath after the sell-off.
First, three figures. The timeline: He Yi said withdrawals would start resuming within 48 hours, deposits would continue as usual, and Binance would fully compensate users for their losses. The frozen funds: according to the official figures, the incident affected about $6.3 billion, of which around $3 billion has been frozen. Arbitrum’s Security Council also froze 74.56 million ARB from the hacker’s wallet. SlowMist’s tracking indicates that these funds are linked to an address involved in the Phemex incident earlier this year. The cost to the market: $1.5 billion in liquidations across the crypto market, with $BTC alone accounting for $468 million. The Fear and Greed Index fell from 51 to 30. Standard Chartered says there’s more to come before the details are settled and the frozen funds are accounted for. $BNB briefly fell more than 8% intraday and hasn’t recovered either.
The conclusion is simple: the withdrawal timeline is positive news, but it’s only a timeline—not money in your account. The short-term holder cost-basis level is right at 76,500, exactly where the price dipped below and then recovered today. If it can’t hold there, the next level to watch is 75,200. This is my personal opinion, for reference only.
#BinanceHack #比特币 #Cryptocurrency
Will $BTC reclaim 80,000 first today, or test below 76,500 again? Pick a side in the comments.
First, three figures. The timeline: He Yi said withdrawals would start resuming within 48 hours, deposits would continue as usual, and Binance would fully compensate users for their losses. The frozen funds: according to the official figures, the incident affected about $6.3 billion, of which around $3 billion has been frozen. Arbitrum’s Security Council also froze 74.56 million ARB from the hacker’s wallet. SlowMist’s tracking indicates that these funds are linked to an address involved in the Phemex incident earlier this year. The cost to the market: $1.5 billion in liquidations across the crypto market, with $BTC alone accounting for $468 million. The Fear and Greed Index fell from 51 to 30. Standard Chartered says there’s more to come before the details are settled and the frozen funds are accounted for. $BNB briefly fell more than 8% intraday and hasn’t recovered either.
The conclusion is simple: the withdrawal timeline is positive news, but it’s only a timeline—not money in your account. The short-term holder cost-basis level is right at 76,500, exactly where the price dipped below and then recovered today. If it can’t hold there, the next level to watch is 75,200. This is my personal opinion, for reference only.
#BinanceHack #比特币 #Cryptocurrency
Will $BTC reclaim 80,000 first today, or test below 76,500 again? Pick a side in the comments.
