Pai 🌲
Pai 🌲|Nov 03, 2026 10:54
Last Sunday I said Binance would replenish its own 6 billion bailout. Half of that money, including user insurance funds, is already gone. 7499 Bitcoins were withdrawn, leaving 7500. It's fallen below its own 800 million bailout threshold. There's no timetable for when it will replenish. This is worse than losing money. Binance's outflow of funds reached 7 billion, and 5.8 billion on Monday morning. The stolen funds are mixed with its own withdrawals. OKX saw a net inflow of 445 million in one day using the same data. Bitcoin is at 77K. If it closes down again this week, it will be a five-week losing streak. I bet it will drop to 74.5K this week. If it recovers to 79K, I'll admit I was wrong.
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