[xiphias2]

Bitcoin is still the same as ever, it has survived and recovered from lots of exchange collapses after a few years.

But there are tens of millions of new people (or even more) since the MtGox collapse in 2014 who haven't learned the lesson and ,,chasing yields'' or lending against their crypto tokens / leveraging their positions (the new forms of financializing BTC, aka not holding your own keys).

I personally know somebody who lost all his BTC / ETH by lending against it and buying more when BTC price was over $50k.