Odaily reports that Meta Financial AI posted on X platform stating that when exchanges encounter major crises, their platform tokens are often the first to be affected, citing the token price performance of FTX, WazirX, and Bitget following previous security incidents as examples. Binance suffered a $6.3 billion hack on October 29, the largest hack in crypto industry history, amounting to roughly 16 times the losses from Bitget's previous attack. However, over the past 30 days (including during the hack incident), SOL, XRP, ETH, BTC, and BNB fell 18.3%, 16%, 9.7%, 7.4%, and 5.7% respectively, with BNB actually being the asset with the smallest decline.
CZ responded that most crypto asset price movements are largely synchronized, with only minor percentage differences, and the impact on one asset will ripple across the entire industry, making infighting within the industry meaningless. He called on the crypto industry to be "Decentralized but united."
