DiveInDefi – Telegram
DiveInDefi
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Crypto, economics, TA & shitposting.

All my personal thoughts. I am not a financial advisor and all my posts are no financial advice! Do not take my words for your
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Forwarded from infinityhedge
BYBIT FOUNDER
I dont like this
👏1
I can‘t describe in words how annoying this market is. The past 2 years have been very rough.
Usually, exchange hacks have never been really bad aside from a flash crash.
Bybit sourcing eth
70% of customer‘s ETH is gone.

Who TF keeps 70% of their eth on 1 single wallet?

I never used Bybit. Always didn‘t feel good about it.
This confirms my stomach feeling
My only financial advice ever:
Get your stuff off of Bybit.
I wouldn‘t be surprised if it is over for them. 70% is just too much unless they get it back.

Either way, they won‘t be able to process all withdrawals with this amount gone.
Some ppl are loading up here
DiveInDefi
Usually, exchange hacks have never been really bad aside from a flash crash.
Would be very surprised if this is starting a bear market. I can‘t remember any exchange hack that was fundamentally bearish for the charts
So a bankrun on other exchanges would lead to real buy backs = giga moon
The local bottom is near!
Who had this on their bingo card?