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Bitcoin Price After the Binance Hack

By Tobi Opeyemi Amure

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Source excerpt · FinanceFeeds

Bitcoin's first reaction to the Binance Hack was a liquidation wick, not a drain of a Bitcoin hot wallet. In the hour the reports hit, Nebraskangooner printed $BTC from $80.8k to $78.8k. The wallet debit underneath that print, on the Ethereum transaction I opened, was 167,464.25 ETH and about 1.615 billion USDT, plus a long list of other tokens. Wrapped bitcoin in that same transfer was 82.5435140…