$BNB Is the worst of the Binance hack over?
Not confirmed yet. Reuters reported on November 1 that Binance planned to resume withdrawals in phases after recovering or covering 95% of the stolen assets. �
Reuters
The key risks remain:
Further attempts to launder stolen funds.
Market volatility as traders react to new developments.
Uncertainty about the full recovery process.
What about BNB at $704?
The price mentioned in your post needs live confirmation. Even if BNB holds steady, that alone doesn't prove the market has absorbed all the risk.
My verdict: Don't buy BNB just because the price barely moved. Verify the current price, support levels, and Binance's official withdrawal status before entering a trade.
You can follow updates through the official Binance website�.
Are you considering buying BNB Spot or opening a Futures trade? I can help you assess the risks for either approach.$BNB
$ETH
Not confirmed yet. Reuters reported on November 1 that Binance planned to resume withdrawals in phases after recovering or covering 95% of the stolen assets. �
Reuters
The key risks remain:
Further attempts to launder stolen funds.
Market volatility as traders react to new developments.
Uncertainty about the full recovery process.
What about BNB at $704?
The price mentioned in your post needs live confirmation. Even if BNB holds steady, that alone doesn't prove the market has absorbed all the risk.
My verdict: Don't buy BNB just because the price barely moved. Verify the current price, support levels, and Binance's official withdrawal status before entering a trade.
You can follow updates through the official Binance website�.
Are you considering buying BNB Spot or opening a Futures trade? I can help you assess the risks for either approach.$BNB
$ETH