What a swift recovery! 👏
Within merely 48 hours of restoring platform withdrawals following the breach, Binance’s total reserves grew by $3.4 billion.
At the same time, asset balances across rival major trading hubs remained largely static.
This suggests that a substantial portion of users likely moved funds to private wallets temporarily and are now moving them back into Binance.
It seems attackers managed to breach security, but they couldn't erode the reputation Binance established over time.$BTC $ETH $SOL
Within merely 48 hours of restoring platform withdrawals following the breach, Binance’s total reserves grew by $3.4 billion.
At the same time, asset balances across rival major trading hubs remained largely static.
This suggests that a substantial portion of users likely moved funds to private wallets temporarily and are now moving them back into Binance.
It seems attackers managed to breach security, but they couldn't erode the reputation Binance established over time.$BTC $ETH $SOL
