2024 Bybit security incident did it change market behavior

In 2024 Bybit was involved in a widely discussed security incident that raised concerns across the crypto market regarding exchange risk and fund custody

The event briefly affected sentiment and brought attention again to centralized exchange vulnerabilities

However over time the market seemed to stabilize and continue its usual cycle which raises an interesting question

Did this type of incident have any lasting impact on trader behavior risk management or self custody adoption

Or do these events mainly create short term reactions without long term structural change

Interested to hear how traders here view it from a market perspective