Binance has reported a major security incident
According to its latest official update:
“ Estimated impact is around $6.3 Billion ”.
Approximately $3 billion in affected assets has been frozen. Binance has committed to cover all losses through its SAFU fund and company funds. Withdrawals remain temporarily paused while security checks continue. Deposits are reported to be operating normally
What should traders do now‼️
•Avoid Unnecessary leverage and high risk positions.
•Don’t revenge trade to recover losses.
•Avoid FOMO entries during extreme volatility .
•Keep stop losses active.
Don't trust unofficial links or anyone asking for your OTP, passwords or recovery codes.
Wait for market stabilisation before taking fresh positions. Market opportunities will come again there is no need to rush.
REMEMBER 🚨
Our first priority is protecting capital, not chasing profits . Stay calm, stay disciplined
Trade with patience! 💪🏻