Binance Claims 90% Recovery After $6.3B Breach — BNB Holds $706 But Leverage Risk Lingers
Binance reports 90% recovery of $6.3B breach losses with $6.34B set aside internally, but BNB at $706.40 remains in a tight range where 50x leveraged longs face liquidation near $686 and shorts near $720 — the unverified recovery claim and remaining illiquid token overhang keep risk elevated.