How low can Bitcoin fall after the Binance hack? The honest answer hangs on one question: will withdrawals at Binance stay open. On Thursday night about $2.8 billion was drained from a Binanc
Summary
- On Thursday night about $2.8 billion was drained from a Binanc Hero article visual / chart / editorial image CryptoCompass editorial visual for altcoins coverage.
- As of 22:20 UTC: Bitcoin trades at $78,783 according to CoinMarketCap, back at the evening low.
- On Thursday night about $2.8 billion was drained from a Binance hot wallet and Bitcoin slid to $78,763 by 21:00 UTC.
- Measured against the roughly $144 billion that DefiLlama shows on Binance addresses, the damage is small.
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