Dragonfly Partner: Market Reaction Following Binance Hack Far More Calm Than FTX, Says Industry Has Matured

He pointed out that the losses from this theft amount to slightly over $6 billion. In dollar terms, it is roughly 25% less than FTX's funding gap. However, the market maintains high confidence in Binance's commercial credibility, and the industry quickly came together to assist one another. He believes this shows that the sector has matured.