Crypto analyst venturefounder said on social media that frankly, the biggest contagion risk for cryptocurrencies lies with Binance and Tether, and if something terrible happens to one of them, the industry will take a long time to recover.
In cold wallets on just 5 exchanges, Binance holds 700,830 BTC, which is equivalent to 3.67% of the total Bitcoin BTC -0.01% supply.
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