What changed
Binance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces what was stolen Binance hack drained wallets backing customer assets, reserve data shows
Why it matters
Exchange operations around crypto markets can change volatility, liquidity, or sentiment. The concrete detail to watch is binance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces what was stolen
Trading lens
Use this as defensive context from coindesk.com. Watch whether binance hack drained wallets backing customer assets, reserve data shows confirms momentum, invalidates active bias, or changes timing.