However I just split funds I trade in top exchanges, not in one.
Is that any better, any exchange can collapse, and that is not the only risk you face when you have your funds in many exchanges, they could confiscate your funds for whatever reason, and then there is a risk of data breach, take note that the risk is higher when you have given multiple exchanges your personal information.
But this is a lesson for all of us that centralised platforms are prone to attacks that could lead to bankruptcy.
Yeah, but in ftx's case it wasn't even an attack, sbf simply ran the company to the ground, lol.