Pai 🌲|10月 30, 2026 01:15
Binance's hot wallet was suspected of having $5.5 billion stolen. In the same hour, Tether and Circle froze $2.3 billion. The two sides were locked in a fierce battle for forty minutes. I closed my short position at 79.2.
The signature and private key for that transaction belonged to Binance.
$2.8 billion was moved in 4 minutes, with a transaction fee of $0.93.
BNB dropped 10%, Bitcoin dropped 5%. Exchanges' own coins fell by half again as much as Bitcoin. The market is pricing in solvency.
BNB will fall back to $650 this week. How will Binance fill this hole?
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