Bonk Guy: Binance hack unlikely to trigger systemic risk
- —Binance annual revenue is estimated at $16–17 billion
- —Unrecoverable losses may reach about $3.2 billion, or 2–2.5 months of revenue
- —Nearly half of the affected funds are frozen or potentially recoverable
- —CZ and Yi He guaranteed full coverage of user losses
Why it matters: The assessment lowers the risk of panic and a bank run, but the market still needs to gauge the true scale of losses.
Source: ChainCatcher 链捕手