$BNB is back above $700 even after the biggest exchange hack on record.
What the reports say:
• Binance net flows turned positive at $2.3B, while broader exchange net outflows hit $5.3B (Crypto Brief)
• Reuters puts the hack at about $6 billion, with sentiment still dented
• Proof-of-reserves work continues
My take: price is recovering faster than trust. Flows say users are returning, but the real test is whether reserve reports land cleanly and withdrawals stay smooth.
Do you see $BNB holding $700 through the week, or is this a relief bounce?
#BNB #Binance #CryptoNews
Not financial advice.
What the reports say:
• Binance net flows turned positive at $2.3B, while broader exchange net outflows hit $5.3B (Crypto Brief)
• Reuters puts the hack at about $6 billion, with sentiment still dented
• Proof-of-reserves work continues
My take: price is recovering faster than trust. Flows say users are returning, but the real test is whether reserve reports land cleanly and withdrawals stay smooth.
Do you see $BNB holding $700 through the week, or is this a relief bounce?
#BNB #Binance #CryptoNews
Not financial advice.