I just saw data from Lookonchain: the Binance attacker dumped over 130 altcoins on EVM chains, swapping them for 123,400 ETH and 1.69 million USDC, worth around $279 million in total.
$ETH is currently worth around $2,273. Small-cap coins took the hit, while the bigger coins held steady. On the same day, Binance withdrawals of BTC, ETH, and BNB gradually resumed.
Small-cap coins have thin liquidity, so once they’re targeted, they become an easy exit. Are you sticking to major coins only, or are you still willing to trade small-cap coins?
#币安 #On-chain data
Not investment advice
$ETH is currently worth around $2,273. Small-cap coins took the hit, while the bigger coins held steady. On the same day, Binance withdrawals of BTC, ETH, and BNB gradually resumed.
Small-cap coins have thin liquidity, so once they’re targeted, they become an easy exit. Are you sticking to major coins only, or are you still willing to trade small-cap coins?
#币安 #On-chain data
Not investment advice