After FTX, I started gradually moving my funds from CEX to cold wallets. Besides worrying about primary incidents like FTX, I’m also concerned about secondary incidents like exchange failures causing losses. Additionally, tertiary incidents related to fund risk control are frequently mentioned, which sped up my withdrawal process. At the same time, hackers are rampant, so I’ve stopped using DeFi entirely. Even if I lose, at least I won’t waste time. The crypto infrastructure is all using AWS, but AWS’s elastic services can’t handle the massive instant requests during extreme market conditions.