#BinanceSquareFamily #Binance #SecurityAlert
#CZSaysCompensationIsinPlaceUsersAreProtected #BinanceSquareTalks
What do you guys think?
"Is Binance heading towards another FTX-like situation?"
During FTX’s collapse, withdrawal suspensions triggered massive panic.
The concern isn’t whether Binance has $150B+ in reserves. It’s whether it can handle massive panic withdrawals if everyone tries to withdraw simultaneously.
For example, a bank may have 10 crore in deposits and 9 crore in reserves. But if everyone demands their money at once, a Bank Run can begin.
The same risk applies to crypto exchanges.
Binance has strong financial backing, but can it survive a massive withdrawal wave?
What’s your take? Another FTX in the making, or just market FUD?
$BNB
$BTC
$ETH
#CZSaysCompensationIsinPlaceUsersAreProtected #BinanceSquareTalks
What do you guys think?
"Is Binance heading towards another FTX-like situation?"
During FTX’s collapse, withdrawal suspensions triggered massive panic.
The concern isn’t whether Binance has $150B+ in reserves. It’s whether it can handle massive panic withdrawals if everyone tries to withdraw simultaneously.
For example, a bank may have 10 crore in deposits and 9 crore in reserves. But if everyone demands their money at once, a Bank Run can begin.
The same risk applies to crypto exchanges.
Binance has strong financial backing, but can it survive a massive withdrawal wave?
What’s your take? Another FTX in the making, or just market FUD?
$BNB
$BTC
$ETH
