BNB holders just got a small dose of relief.
Binance resumed first-phase BNB withdrawals on November 1 with compensation at 95% (COINOTAG). $BNB closed October at $703.95, about 5.5% short of the $745 target, and sits near $706 today.
My take: reopening withdrawals matters for trust, but the real test is whether users keep funds on-exchange over the coming weeks. $BTC is holding near $78K while the market digests the hack.
Are you leaving your coins on exchange after this, or moving more into self-custody? Curious how you're thinking about it.
#BNB #Binance #Crypto #SelfCustody
Not financial advice.
Binance resumed first-phase BNB withdrawals on November 1 with compensation at 95% (COINOTAG). $BNB closed October at $703.95, about 5.5% short of the $745 target, and sits near $706 today.
My take: reopening withdrawals matters for trust, but the real test is whether users keep funds on-exchange over the coming weeks. $BTC is holding near $78K while the market digests the hack.
Are you leaving your coins on exchange after this, or moving more into self-custody? Curious how you're thinking about it.
#BNB #Binance #Crypto #SelfCustody
Not financial advice.