CZ said the $6.3 billion exchange hack is the largest in U.S. dollar terms but not in Bitcoin terms, citing Mt. Gox at 650,000 BTC. He said the share of total Bitcoin supply, the number and proportion of affected users, and whether a platform absorbs losses are also important measures of impact. He added that the event remains a major blow to the industry and Binance, while stressing that Binance survives and protects its users. He also cited a post arguing that Bitcoin falling less than 5% after a roughly $6 billion exchange hack was a bullish signal.