🔴 $BTC security incident SHATTERS RESERVES, SAFU STILL HOLDING 85% 🦈
A fresh $1.4B BTC drain hit Binance yesterday, wiping out 0.66% of its vault. 🦈 This marks the second‑largest outflow in its history, only eclipsed by the 2022 FTX collapse. 📊
SAFU still cushions the blow, covering 85% of the exchange’s 2.74 M BTC stash, but the breach exposed $6.3B across other assets, with $3B now frozen by industry partners. ⚡ Smart money is likely to sweep remaining liquidity as the market digests the shock. 💬 Do you see this as a catalyst for a deeper re‑price on a major exchange? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #security incident #SAFU #Crypto
🔥 💎
A fresh $1.4B BTC drain hit Binance yesterday, wiping out 0.66% of its vault. 🦈 This marks the second‑largest outflow in its history, only eclipsed by the 2022 FTX collapse. 📊
SAFU still cushions the blow, covering 85% of the exchange’s 2.74 M BTC stash, but the breach exposed $6.3B across other assets, with $3B now frozen by industry partners. ⚡ Smart money is likely to sweep remaining liquidity as the market digests the shock. 💬 Do you see this as a catalyst for a deeper re‑price on a major exchange? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #security incident #SAFU #Crypto
🔥 💎