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Published 30 Oct 2026, 17:28 UTC · fetched 3 Nov 2026, 13:35 UTC
James Lavish
@jameslavish
In reply to · 30 Oct 2026, 17:22 UTC · context given to the AI
If you are wondering about the somewhat muted price impact to Bitcoin after last night's Binance hack, for reference, the MT Gox hack of 2014 was ~750K Bitcoin, which was about 30 days of trading volume at the time. Yesterday's Binance hack was 18,270 Bitcoin, or roughly 1/5th of a single day of Bitcoin's trading volume today, making Mt Gox ~167X worse for price impact.Also, the entire tech market is down 3%, gold is off 3% and silver down by 6%, signaling a hard risk-off day today. If not for this, I believe we would have seen a stronger snap back against last night's knee-jerk selling in Bitcoin.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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