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Crypto Analyst: Crypto’s Biggest Contagion Risk Lies With Binance and Tether

By WebsCryptoJune 30, 20221 Min Read
Crypto Analyst: Crypto’s Biggest Contagion Risk Lies With Binance and Tether
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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 supply.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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