I was thinking that FTX was a complete disaster and it made a very bad Impact on crypto industry too. As I personally believe Binance more than any exchange and that case might be with you. So I was saying that If Binance flee away like FTX than what will happen. As Binance currently holds more than 60 billions of dollars and that's to much money. And I cannot believe if all money might gone than Bitcoin might come to 10000 dollars. Let's hope for good and what are your thoughts in this.
A massive collapse will follow and there will be no way to avoid such an outcome, not only binance is the the biggest centralized exchange and the most influential, BNB and BUSD are respectively the fourth and thirteenth coins in terms of market cap.
With such influence the disappearance of binance will be a major event on this market, it would not be as bad as what happened with Mt Gox when it comes to the drop in terms of percentage, but when it comes to the amount of fiat money lost, it should easily surpass it.