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The Binance Hack

An independent record of the October 2026 Binance hack

All statements

The Block quoted Rick Maeda, head of markets at Laevitas, as saying the $643 million outflow was under 1% of spot BTC ETF assets, calling it a de-risking day and not capitulation or a loss in institutional confidence.

This line is our short summary of the quote below. The quote is the evidence.

ReportedmarketStatement 1274

"In scale, the $643 million outflow is still under 1% of spot BTC ETF assets so this was simply a de-risking day, and not capitulation or a loss in institutional confidence," said Maeda.

Speaker
Not recorded
Publisher
The Block (News media)
Original
Spot bitcoin ETFs see largest daily outflows in four months following record Binance hack
Captured
Stored copy
sha256 ea9b0530c256
Published

From this source: Spot bitcoin ETFs see largest daily outflows in four months following record Binance hack, with all of its statements.