Is Binance still safe after the $6.34B hack?
Honest take: I was scared when withdrawals paused.
But let's look at facts.
Binance already replenished 98% of funds from their own treasury, $2.85B frozen, and withdrawals restored in phases.
Net outflow only 2.1% of $171B AUM. That says a lot about trust.
And timing matters.
US Midterms are done today Nov 3.
Historically BTC bottoms around midterms and pumps +54% in the next 12 months.
2022 low was right after midterms FTX crash. This cycle low was July 1 at $57k.
So FUD + extreme fear index at 12 = I'm more greedy than scared.
What about you?
Still holding on Binance?