CZ: Exchanges May Be Safer Than Self-Custody for Crypto
CZ, Binance's former CEO, reacted to data shared by Willy Woo, which estimates that users have lost 1.57 million $BTC through self-custody compared to 1.51 million $BTC lost on exchanges.
According to CZ, if those figures are accurate, exchanges may actually be the safer option statistically. He pointed out that exchange hacks often make headlines, while losses caused by misplaced seed phrases or user mistakes usually go unnoticed.
Rather t...
NFP Tomorrow โ 8:30 AM ET
Consensus: ~80โ85k
3 Scenarios:
๐ฅ Hot (>110โ120k)
DXY โ | Gold โ | BTC โ
โ๏ธ In-line (70โ100k)
Limited move โ watch wages & UE
โ๏ธ Cold (<55โ60k)
DXY โ | Gold โ | BTC โ
Key 4H Levels:
โข Gold: 4,280โ4,300 / 4,220โ4,200
โข BTC: 64,800โ65,200 / 63,600โ63,200
โข DXY: 100.00โ100.20 / 99.50โ99.40
$BTC $XAU
{future}(XAUUSDT)
{spot}(BTCUSDT)
This high-frequency $ETH short trader has already closed two trades today๐ฌ.
So far today, the trader has completed two quick ETH shorts:
Morning: Shorted 1,780 ETH and took a $14K loss .
Afternoon: Shorted 2,540 ETH and closed with a modest $281 profit .
Since July 27, wallet 0xd9a...8bbf3 has opened 27 #ETH short trades, winning 22 and losing 5โan impressive 81.5% win rate with total realized profits of around $877K.
Interestingly, the trader has now flipped direction and is long ETH.
OOPS: W...