Binance founder Changpeng Zhao noted that even hardware wallets can carry bugs and urged holders to split funds across multiple wallets. The market has so far absorbed the news without a cascade: Bitcoin barely moved, trading near $62,800–$63,200 across the session. Whether that calm reflects genuine resilience or a pause before the next leg down hinges on whether the $63,150 Fibonacci level holds and whether ETF flows reverse. The central question now is whether the self-custody confidence shock translates into sustained exchange inflows and renewed selling pressure, or whether the price floor at $63,000 proves durable enough to attract fresh buying.
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