Anthony Pompliano, a well‑known crypto investor and host of the 'Off the Chain' podcast, posted on X that a recent Binance hack costing $6 billion led to only a 5% decline in Bitcoin’s price. He framed this modest pullback as evidence that Bitcoin’s market has matured and can absorb large shocks without catastrophic drops. Pompliano also mentioned discussing the incident with journalist Varney, underscoring the broader industry interest in how major security breaches affect asset stability.

“Binance was hacked for $6 billion and bitcoin only sold off 5%. This tells us a lot about the health of the bitcoin market now. I explained to @Varneyco this morning. Spooky season is upon us!”

— Anthony Pompliano (@APompliano) on X · X ↗

Anthony Pompliano is not affiliated with COINMAG. The quote comes from a public post on X; the context was written by the COINMAG newsroom.