Arkham Puts Binance Hack at $6.01 Billion, With $2.9 Billion Still Movable

Crypto Insight Summary: Binance separately estimates a $6.3 billion impact and pledges to cover all losses while deposits and withdrawals are suspended. Crypto Insight Analysis: Direction: Bearish BNB Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: A $6B hack with withdrawals suspended threatens liquidity and market confidence, raising contagion risks.