I just saw the data shared by the Binance CEO: in the 46 hours after the hacking incident, users withdrew a total of about $10.97 billion. After accounting for deposits, the net outflow was $5.28 billion.
Those numbers are pretty alarming. But he also said that since early this morning, deposits have been slightly higher than withdrawals each hour (by about $10 million), which could be a sign things are stabilizing. Honestly, I wouldn’t put much stock in a single hour’s data—we’ll have to see whether the trend holds over the next few days.
My own view is simple: keeping your crypto on an exchange is basically like using someone else’s wallet. For large amounts, I feel safer holding the private keys myself. Have you changed your positions over the past few days—moved your funds or left them where they are? DYOR
#Binance #比特币 #CryptoMarket
Those numbers are pretty alarming. But he also said that since early this morning, deposits have been slightly higher than withdrawals each hour (by about $10 million), which could be a sign things are stabilizing. Honestly, I wouldn’t put much stock in a single hour’s data—we’ll have to see whether the trend holds over the next few days.
My own view is simple: keeping your crypto on an exchange is basically like using someone else’s wallet. For large amounts, I feel safer holding the private keys myself. Have you changed your positions over the past few days—moved your funds or left them where they are? DYOR
#Binance #比特币 #CryptoMarket
