Zhao Changpeng: Binance's loss this time may be slightly higher than 1 billion USD, but it will bear the full amount

Binance founder Zhao Changpeng responded to DeFiLlama founder 0xngmi's analysis regarding Binance's asset losses, stating that the losses may be slightly over 1 billion dollars, but Binance will bear the related losses.

Previously, 0xngmi posted that Binance's managed asset scale is approximately 144 billion dollars. After USDT and USDC were frozen, the expected final loss is about 1 billion dollars, which only accounts for 0.69% of its total managed assets. Binance can cover this portion of the loss through its balance sheet.