According to four cryptocurrency investors and market participants, market reaction suggests that a $4 billion payout would be manageable for Binance. Such a payment would allow Binance to continue operations, preventing a market sell-off that could result from an irregular dissolution.
Bitcoin, the leading cryptocurrency and an indicator for broader market sentiment, was largely unaffected by the news, trading down about 2.6% on Tuesday. Binance's native token, BNB, the fourth-largest digital currency, rose 4.6 per cent on Tuesday, adding to gains of up to 6 per cent since Monday.