陈剑Jason 🐡
陈剑Jason 🐡|Feb 11, 2025 09:31
There are various opinions about Binance's "clearance" today, some say it is to prepare for potential buyers such as BlackRock's acquisition, while others say it is to run away with a bucket 😂 Even many people around me have come to ask me if it's safe to put money in Binance and if I should withdraw it all, causing market panic. After communicating with some relevant friends, Shenyu's response should be true and reliable. This is the regular profit provision at the beginning of the year in Binance, and most companies that rely on volatile assets as their main source of profit, especially virtual currency exchanges, should be like this. Every time there is a need to check the company's profit statement and other time periods, a profit provision will be made, which is equivalent to starting the calculation of the ledger again to avoid impairment of the book assets in subsequent reports. For example, if BTC with a current holding value of 1 million US dollars falls by 20%, it is equivalent to an impairment of 200000 US dollars. Therefore, in order to avoid volatility, a profit provision will be made at the beginning of the year, I'm not sure how other exchanges do it, it should be the same situation. This part of the money was not deposited by the user, so there is no need to panic, nor is there a need to fud for the sake of fud.
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