Tom Lee Sees a Bull Market in the Binance Hack. Stablecoin Data Disagrees

Crypto Insight Summary: BitMine Chairman Tom Lee says crypto’s muted response to the $6.3 billion Binance hack signals a bull market. However, stablecoin and sentiment data show money and confidence still leaving the market. Ethereum (ETH) traded at $2,254.11 at press time, down 1.71% over the past 24 hours, per BeInCrypto Markets. Against Bitcoin (BTC), ETH has held Crypto Insight Analysis: Direction: Bearish ETH / Bearish BNB Impact: Major Impact Horizon: Mid-term (1-8 weeks) Reasoning: A $6.3B Binance hack, stablecoin outflows and ETH underperformance signal broad risk-off pressure.