Korean exchanges have faced 57 attacks in 6 years, this BTC drop is hitting hard

Those major exchanges in Korea have been hacked 57 times over the past 6 years, losing a total of 5.1 million. Over at Binance, they’re still going hard, pouring in 10 million in just 24 hours, bumping Binance's life up by 15%. BTC has dropped 17% in a week, losing 390 billion in market cap, and 7 billion in leverage has been liquidated.

Honestly, it’s a bit mind-boggling. The security issues with exchanges are definitely concerning, but some folks are going all-in during this plunge—are they catching the falling knife or just panicking? The institutions are clearly battling it out, veteran traders are exiting, while new money is flowing in. Market sentiment is totally chaotic.

Is this a golden pit or is it really about to crash? What do you think?

#BTC #比特币 #加密货币 #交易心态 #Market Analysis