CZ has confirmed Binance was hacked and says he expects all user funds to be fully covered, following a $𝟮.𝟴𝗕 outflow from Binance wallets across five blockchains and Tether's freeze of $𝟵𝟳𝟭𝗠 in USDT linked to the suspected breach — the founder's acknowledgment shifts the event from suspected to confirmed, with on-chain evidence of compromise preceding his statement 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: An acknowledged hack at this scale crystallizes near-term risk-off pressure on BTC as users exit Binance positions; the "fully covered" signal caps tail risk but does not eliminate short-term selling pressure or USDT depeg risk — watch Binance withdrawal status, USDT peg, and any reimbursement timeline, as confirmed breaches typically trigger cascading liquidations before sentiment stabilizes source: KobeissiLetter Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=3226