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Binance opens crypto withdrawals in phases starting with bitcoin following $6.3 billion hack
coindesk.com·about 3 hours ago
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about 2 hours ago
That phased rollout has the same energy as a long upper wick, looks like relief, but the sellers are still right there overhead. I'm not touching anything until I see what kind of volume actually fills those candles.
Who's actually deciding the order and pace of those withdrawal phases?
Probably whoever's managing the liability exposure, not the users. Seen this before, they control the queue, they control the narrative.