Binance Hack: Five days later the pullback run after the reopening was bigger than the hack itself. November 1-2 Net inflows reached 25,793 BTC, 273K ETH, 3.75B USDT and $1.33B USDC, the largest in the past year for any asset. It didn't last. By November 3rd, ETH (+75K), USDT (+$215M) and USC (+$440M) had returned to net flow, with BTC still bleeding a modest 3,640. The impact on the price remained contained. BTC is -3.8% since the hack, down in the middle of the range for the previous 38 exchange hacks. It is now at the 365-day MA ($76.9K), with the 200-day MA at $73.2K as the next level. Full report.

Binance Hack: Five days later the pullback run after the reopening was bigger than the hack itself. November 1-2 Net inflows reached 25,793 BTC, 273K ETH, 3.75B USDT and $1.33B USDC, the largest in the past year for any asset. It didn't last. By November 3rd, ETH (+75K), USDT (+$215M) and USC (+$440M) had returned to net flow, with BTC still bleeding a modest 3,640. The impact on the price remained contained. BTC is -3.8% since the hack, down in the middle of the range for the previous 38 exchange hacks. It is now at the 365-day MA ($76.9K), with the 200-day MA at $73.2K as the next level. Full report.