▼Exchange Solvency Proofs Face Data Scrutiny

Score history

Daily conviction score, 0 to 100. Higher means the thesis is more strongly corroborated.

Now 40 · -2 since Nov 11 · ranged 40 to 42

Showing the last few days. Unlock full score history.

Why the conviction moved

• Nov 9
  Strengthened +1

  After the $6.3 billion theft, Binance's CFO is departing and about $3.1 billion of stolen funds is still unrecovered. A finance-chief exit right after a large custodial loss gives analysts more reason to test the exchange's reserve and liability claims.

• Nov 8
  Strengthened +2

  Coin Metrics has changed how it counts Binance balances, which complicates the exchange-flow signal traders watch. Third-party data on Binance's on-chain holdings keeps being revised after the theft, so outside verification of the exchange's balances remains in flux.

Showing the last 2 days. Unlock the full record.

Source trail

• Supporting · November 9, 2026

  Hackers claim to hold Binance user data and demand $900,000 as the fallout from the $6.3 billion theft spreads

  After the $6.3 billion theft, Binance's CFO is departing and about $3.1 billion of stolen funds is still unrecovered. A finance-chief exit right after a large custodial loss gives analysts more reason to test the exchange's reserve and liability claims.

  Goku Crypto News

• Supporting · November 8, 2026

  Bitcoin holds above $76,000 as US spot funds post another $411.9 million in withdrawals

  Coin Metrics has changed how it counts Binance balances, which complicates the exchange-flow signal traders watch. Third-party data on Binance's on-chain holdings keeps being revised after the theft, so outside verification of the exchange's balances remains in flux.

  crypto.news