Binance released a new withdrawal recovery list this week, but $HYPE wasn’t included!
Due to the coin theft incident, $BNB hasn’t recovered its position and continues to weaken around the 689 mark. Although PoR is being updated and withdrawals are gradually reopening, market sentiment will dominate price movements until the funds are returned to the network. I’m especially watching to see whether the 700 level holds.
HYPE is the main topic of discussion today. $UNI and ASTER have appeared on the recovery list, but HYPE is still unavailable for withdrawal.
Although recovery is more complicated for a native L1, the market doesn’t accept excuses. Addresses linked to a16z have been consistently transferring coins to exchanges to sell lately, and the price is currently holding around 80. Personally, I’ve always been optimistic about it. I missed several opportunities to buy the lows, but I’ve now invested partially and am waiting for the right moment to take further action!
Next week, I’ll be keeping a close eye on progress with withdrawal recovery to see whether a recovery rally for platform coins will begin.
$UNI
Due to the coin theft incident, $BNB hasn’t recovered its position and continues to weaken around the 689 mark. Although PoR is being updated and withdrawals are gradually reopening, market sentiment will dominate price movements until the funds are returned to the network. I’m especially watching to see whether the 700 level holds.
HYPE is the main topic of discussion today. $UNI and ASTER have appeared on the recovery list, but HYPE is still unavailable for withdrawal.
Although recovery is more complicated for a native L1, the market doesn’t accept excuses. Addresses linked to a16z have been consistently transferring coins to exchanges to sell lately, and the price is currently holding around 80. Personally, I’ve always been optimistic about it. I missed several opportunities to buy the lows, but I’ve now invested partially and am waiting for the right moment to take further action!
Next week, I’ll be keeping a close eye on progress with withdrawal recovery to see whether a recovery rally for platform coins will begin.
$UNI