🗳️ Binance has to buy back billions in stolen coins. It says it has replenished most of the stolen assets and is buying the rest on the market and over the counter. Yahoo Finance asked the obvious question: could that buying lift bitcoin?
$BTC is $78,008 (+0.7%), inside a $77,333 to $78,231 range.
1️⃣ Yes, the buying lifts the price
2️⃣ No, OTC desks absorb it quietly
3️⃣ No, hacker selling cancels it
I'm taking 2️⃣. OTC deals are built so big buys don't move the order book. Reply 1, 2 or 3 👇
#BinanceSquare #WriteToEarn
$BTC is $78,008 (+0.7%), inside a $77,333 to $78,231 range.
1️⃣ Yes, the buying lifts the price
2️⃣ No, OTC desks absorb it quietly
3️⃣ No, hacker selling cancels it
I'm taking 2️⃣. OTC deals are built so big buys don't move the order book. Reply 1, 2 or 3 👇
#BinanceSquare #WriteToEarn
