Binance Square

EyeOnChain

Square Verified+
Monitoring the movement of intelligent investments on the blockchain! Forever vigilant, "EyeOnChain".Twitter (X) @EyeOnChain
2025 Blockchain 100 — Independent Researcher
2025 Blockchain 100 — Independent Researcher
27 Following
118.0K+ Followers
89.3K+ Liked
1 Badges
Posts
·
--
Bullish
See translation
While dumping stolen altcoins, the hacker appears to have made a very costly mistake. The attacker sold 908,793 $PROM , worth approximately $5 million, into a nearly empty Uniswap V2 liquidity pool. But instead of receiving millions, the swap returned just 0.0316 $ETH --- worth around $71. Yes, nearly $5M worth of PROM went in, and only $71 worth of ETH came out😳. Transaction hash: 0x38546f9087ba0eb8444965711eb64a89fe9f53e80cd6d416317c847308219164 One swap. Nearly $5M in value wiped out. {future}(PROMUSDT) {spot}(PROMUSDT)
While dumping stolen altcoins, the hacker appears to have made a very costly mistake.
The attacker sold 908,793 $PROM , worth approximately $5 million, into a nearly empty Uniswap V2 liquidity pool.
But instead of receiving millions, the swap returned just 0.0316 $ETH --- worth around $71. Yes, nearly $5M worth of PROM went in, and only $71 worth of ETH came out😳.
Transaction hash:
0x38546f9087ba0eb8444965711eb64a89fe9f53e80cd6d416317c847308219164

One swap. Nearly $5M in value wiped out.
·
--
Bullish
See translation
BINANCE REOPENS BITCOIN NETWORK WITHDRAWALS! Another step toward normal operations after the recent security incident. Binance has now resumed $BTC withdrawals through the Bitcoin network, allowing users to withdraw their Bitcoin on-chain again. The associated address: bc1qhp7n555hk5mxlp3pz0347nzah8gazwe7wp5fjj After the disruption caused by the security breach, the resumption of BTC withdrawals is an important update for Binance users. One more service back online. {future}(BTCUSDT) {spot}(BTCUSDT)
BINANCE REOPENS BITCOIN NETWORK WITHDRAWALS!
Another step toward normal operations after the recent security incident. Binance has now resumed $BTC withdrawals through the Bitcoin network, allowing users to withdraw their Bitcoin on-chain again.
The associated address:
bc1qhp7n555hk5mxlp3pz0347nzah8gazwe7wp5fjj
After the disruption caused by the security breach, the resumption of BTC withdrawals is an important update for Binance users. One more service back online.
·
--
Bearish
See translation
BINANCE HACKER IS MOVING $95.9M IN $SOL ... AND SWAPPING IT FOR $BTC ! The Binance hacker is now converting a huge amount of stolen Solana into Bitcoin. The wallet holds 970,522 $SOL, worth approximately $95.9 million, and the conversion process is already underway. In just the past hour, the hacker moved another 486,970 $SOL, valued at around $46.4 million, and began swapping the tokens for BTC through RelayProtocol. Address: AffzFDKZbyMiU11zmVBoAqD25ugpr7xoWWyRyGigBEaU That's nearly half a billion dollars? No ... nearly half of the hacker's SOL stash being moved in a single hour. With the stolen funds now being converted into BTC, this is another major development in the ongoing Binance hack aftermath. The big question: how much of the remaining SOL will be converted next? {future}(BTCUSDT) {spot}(SOLUSDT)
BINANCE HACKER IS MOVING $95.9M IN $SOL ... AND SWAPPING IT FOR $BTC !
The Binance hacker is now converting a huge amount of stolen Solana into Bitcoin. The wallet holds 970,522 $SOL , worth approximately $95.9 million, and the conversion process is already underway.
In just the past hour, the hacker moved another 486,970 $SOL , valued at around $46.4 million, and began swapping the tokens for BTC through RelayProtocol.
Address: AffzFDKZbyMiU11zmVBoAqD25ugpr7xoWWyRyGigBEaU
That's nearly half a billion dollars? No ... nearly half of the hacker's SOL stash being moved in a single hour. With the stolen funds now being converted into BTC, this is another major development in the ongoing Binance hack aftermath.
The big question: how much of the remaining SOL will be converted next?
See translation
Which Token/coin chart is this ? Happy New Month Everyone
Which Token/coin chart is this ?
Happy New Month Everyone
See translation
The November 2–6 schedule is supported by the weekly economic calendar and the New York Fed's release calendar.. A BIG WEEK AHEAD FOR GLOBAL MARKETS! The first week of November is loaded with events that could move both traditional markets and crypto. From U.S. midterm elections to major economic releases and Big Tech earnings, there's plenty for traders to watch. 🇺🇸 MONDAY: U.S. ISM Manufacturing PMI, Fed commentary and Apple earnings. 📊 TUESDAY: U.S. midterm elections, JOLTS job openings data and AMD earnings. ⚠️ WEDNESDAY: ADP employment report, U.S. trade balance and ISM Services PMI. 🏦 THURSDAY: Initial jobless claims, productivity and labor-cost data, plus more central bank decisions. 👷 FRIDAY: U.S. Nonfarm Payrolls, unemployment rate, wage growth and University of Michigan consumer sentiment. Beyond the economic calendar, markets will also be watching central bank decisions and a packed corporate earnings schedule. With stocks and crypto already under pressure, every major data release could influence expectations around interest rates, economic growth and risk appetite. A busy five days ahead. Keep your eyes on the calendar.
The November 2–6 schedule is supported by the weekly economic calendar and the New York Fed's release calendar.. A BIG WEEK AHEAD FOR GLOBAL MARKETS!
The first week of November is loaded with events that could move both traditional markets and crypto. From U.S. midterm elections to major economic releases and Big Tech earnings, there's plenty for traders to watch.
🇺🇸 MONDAY: U.S. ISM Manufacturing PMI, Fed commentary and Apple earnings.
📊 TUESDAY: U.S. midterm elections, JOLTS job openings data and AMD earnings.
⚠️ WEDNESDAY: ADP employment report, U.S. trade balance and ISM Services PMI.
🏦 THURSDAY: Initial jobless claims, productivity and labor-cost data, plus more central bank decisions.
👷 FRIDAY: U.S. Nonfarm Payrolls, unemployment rate, wage growth and University of Michigan consumer sentiment.
Beyond the economic calendar, markets will also be watching central bank decisions and a packed corporate earnings schedule.
With stocks and crypto already under pressure, every major data release could influence expectations around interest rates, economic growth and risk appetite.
A busy five days ahead. Keep your eyes on the calendar.
Verified
See translation
BINANCE SAFU DEPLOYS ANOTHER 7,500 BTC — AND RESERVE BACKING IS NOW BACK AT 100%. A major move from Binance's emergency protection fund. Around 12 hours ago, the Binance SAFU wallet transferred 7,500 BTC, worth approximately $580 million, to a new address: 165EurvYDfNNYFQCtdT6LEPJrCeX3SMmee Following the transfer, the SAFU wallet still held another 7,500 BTC .... roughly half of its previous balance. The timing is particularly interesting. Binance has been using funds from SAFU, its Futures Insurance Fund and corporate treasury to replenish assets affected by the recent security incident. Soon after the transfer, Binance co-CEO @heyi stated that reserve ratios for BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC had returned to 100%. SAFU was originally created to protect users during extraordinary situations like security breaches. Now, it's playing a direct role in helping Binance cover the impact of this incident. A $580M transfer, with a clear purpose behind the broader recovery effort. SAFU wallet: 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
BINANCE SAFU DEPLOYS ANOTHER 7,500 BTC — AND RESERVE BACKING IS NOW BACK AT 100%.
A major move from Binance's emergency protection fund.
Around 12 hours ago, the Binance SAFU wallet transferred 7,500 BTC, worth approximately $580 million, to a new address:
165EurvYDfNNYFQCtdT6LEPJrCeX3SMmee
Following the transfer, the SAFU wallet still held another 7,500 BTC .... roughly half of its previous balance. The timing is particularly interesting. Binance has been using funds from SAFU, its Futures Insurance Fund and corporate treasury to replenish assets affected by the recent security incident.
Soon after the transfer, Binance co-CEO @Yi He stated that reserve ratios for BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC had returned to 100%. SAFU was originally created to protect users during extraordinary situations like security breaches. Now, it's playing a direct role in helping Binance cover the impact of this incident. A $580M transfer, with a clear purpose behind the broader recovery effort.
SAFU wallet: 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
·
--
Bullish
See translation
A $945K LOSS ON $ARB … THIS WHALE FINALLY SEEMS TO BE EXITING🥶. 🥹 Back on September 22, a newly created wallet accumulated 24.01 million #ARB at an average price of $0.2204. Now, after holding for more than a month, the wallet appears to be closing out its position. Over the past 9 hours, address 0x8c32E2C90AB9751E48F6b7095db16bE0b3E13395 deposited its remaining 19.01 million ARB into Coinbase. The numbers tell a painful story: Average withdrawal price: $0.2204, Average deposit price: $0.181, Value decline: 17.8%, Estimated loss: around $945,000 . A sizeable ARB position that started with high hopes is now apparently heading back to the exchange at a substantial loss. PLEASE NOTE, The Coinbase transfers suggest a possible full exit, although an exchange deposit alone doesn't confirm the tokens have been sold. {spot}(ARBUSDT) {future}(ARBUSDT)
A $945K LOSS ON $ARB … THIS WHALE FINALLY SEEMS TO BE EXITING🥶. 🥹
Back on September 22, a newly created wallet accumulated 24.01 million #ARB at an average price of $0.2204. Now, after holding for more than a month, the wallet appears to be closing out its position.
Over the past 9 hours, address 0x8c32E2C90AB9751E48F6b7095db16bE0b3E13395 deposited its remaining 19.01 million ARB into Coinbase.
The numbers tell a painful story: Average withdrawal price: $0.2204, Average deposit price: $0.181, Value decline: 17.8%, Estimated loss: around $945,000 .
A sizeable ARB position that started with high hopes is now apparently heading back to the exchange at a substantial loss.
PLEASE NOTE, The Coinbase transfers suggest a possible full exit, although an exchange deposit alone doesn't confirm the tokens have been sold.
·
--
Bullish
See translation
IS THIS REALLY RETAIL, OR IS SMART MONEY QUIETLY CASHING OUT? 🤨. A $VVV wallet with an entry cost as low as $3.77 has become active again after 19 days. Around 6 hours ago, the address deposited another 100,000 #VVV , worth approximately $2.32 million, into Coinbase. And this is not its first exchange transfer. Since June 2026, the wallet has moved a cumulative 663,374 VVV to exchanges, with an average transfer price of $21.53. At those prices, the tokens represent roughly $14.28 million in value. If all of them were sold, the estimated profit would reach around $11.786 million, a return of approximately 471.2%. Address= 0x331C9A4Dd35FEb0147E985aE7d378AAed141c427 A wallet getting in around $3.77 and moving millions of dollars' worth of #vvv to exchanges... that's some serious profit potential. Of course, exchange deposits don't confirm actual sales. But after another 19-day pause, this latest $2.32M transfer has certainly brought the wallet back into focus. {future}(VVVUSDT)
IS THIS REALLY RETAIL, OR IS SMART MONEY QUIETLY CASHING OUT? 🤨.
A $VVV wallet with an entry cost as low as $3.77 has become active again after 19 days. Around 6 hours ago, the address deposited another 100,000 #VVV , worth approximately $2.32 million, into Coinbase. And this is not its first exchange transfer.
Since June 2026, the wallet has moved a cumulative 663,374 VVV to exchanges, with an average transfer price of $21.53. At those prices, the tokens represent roughly $14.28 million in value.
If all of them were sold, the estimated profit would reach around $11.786 million, a return of approximately 471.2%.
Address= 0x331C9A4Dd35FEb0147E985aE7d378AAed141c427
A wallet getting in around $3.77 and moving millions of dollars' worth of #vvv to exchanges... that's some serious profit potential.
Of course, exchange deposits don't confirm actual sales. But after another 19-day pause, this latest $2.32M transfer has certainly brought the wallet back into focus.
Verified
See translation
BINANCE IS REPLENISHING THE STOLEN TOKENS .. AND ETHENA JUST MOVED $24M IN ENA TO THE EXCHANGE. Binance has confirmed that it's buying back the stolen assets through market purchases and OTC deals as part of its effort to restore the affected token reserves. And now there's an interesting on-chain movement. Over the past 14 hours, Ethena has deposited 128.63 million $ENA , worth approximately $24 million, into Binance. Wallet involved: 0xD45e232819045d9D34fd107d19b594170515580E For context, around 217.5 million ENA was stolen from Binance during the recent security breach. This deposit is equivalent to roughly 59% of that amount. The timing certainly raises questions about whether this transfer is connected to Binance's ENA replenishment process. However, neither side has publicly confirmed that this specific deposit was an OTC sale or part of a direct buyback deal. Still, it's a significant movement to watch as Binance works to rebuild its reserves.
BINANCE IS REPLENISHING THE STOLEN TOKENS .. AND ETHENA JUST MOVED $24M IN ENA TO THE EXCHANGE.
Binance has confirmed that it's buying back the stolen assets through market purchases and OTC deals as part of its effort to restore the affected token reserves.
And now there's an interesting on-chain movement.
Over the past 14 hours, Ethena has deposited 128.63 million $ENA , worth approximately $24 million, into Binance.
Wallet involved:
0xD45e232819045d9D34fd107d19b594170515580E
For context, around 217.5 million ENA was stolen from Binance during the recent security breach. This deposit is equivalent to roughly 59% of that amount.
The timing certainly raises questions about whether this transfer is connected to Binance's ENA replenishment process. However, neither side has publicly confirmed that this specific deposit was an OTC sale or part of a direct buyback deal.
Still, it's a significant movement to watch as Binance works to rebuild its reserves.
·
--
Bullish
See translation
Newly created wallet is already making some sizeable moves. Wallet 0x1c75ce784b4a8509840CdAFA09BC382dbD89C3bA withdrew three tokens from OKX: 1.15M $LIT worth around $3.31M 7.995M $ENA worth around $1.51M 7.31M $ARB worth around $1.18M That's approximately $6M in altcoins moved out of the exchange by a fresh wallet. Whether this is the start of a longer-term holding strategy or simply a transfer to another wallet remains unclear. Definitely an interesting wallet to keep an eye on.
Newly created wallet is already making some sizeable moves.
Wallet 0x1c75ce784b4a8509840CdAFA09BC382dbD89C3bA withdrew three tokens from OKX:
1.15M $LIT worth around $3.31M
7.995M $ENA worth around $1.51M
7.31M $ARB worth around $1.18M
That's approximately $6M in altcoins moved out of the exchange by a fresh wallet. Whether this is the start of a longer-term holding strategy or simply a transfer to another wallet remains unclear. Definitely an interesting wallet to keep an eye on.
See translation
🚨 WHAT IS GOING ON WITH CRYPTO SECURITY RIGHT NOW? Just look at what's been happening: & Share your Thoughts. 🔴 LEDGER = Hardware wallet tampering linked to a compromised reseller's supply chain. 🔴 BINANCE = A massive hot-wallet security breach involving billions in unauthorized outflows. 🔴 POLYMARKET = Users lost funds after a compromised third-party script targeted active sessions. And now the entire crypto community is questioning the security of the platforms and tools we rely on every day. But seriously, what's next? Exchanges, hardware wallets, prediction markets… even the tools we use to access crypto are facing security threats. If users can't feel safe with their exchange, wallet, or trading platform, where are they supposed to feel safe?.
🚨 WHAT IS GOING ON WITH CRYPTO SECURITY RIGHT NOW?
Just look at what's been happening: & Share your Thoughts.
🔴 LEDGER = Hardware wallet tampering linked to a compromised reseller's supply chain.
🔴 BINANCE = A massive hot-wallet security breach involving billions in unauthorized outflows.
🔴 POLYMARKET = Users lost funds after a compromised third-party script targeted active sessions.

And now the entire crypto community is questioning the security of the platforms and tools we rely on every day. But seriously, what's next? Exchanges, hardware wallets, prediction markets… even the tools we use to access crypto are facing security threats.
If users can't feel safe with their exchange, wallet, or trading platform, where are they supposed to feel safe?.
·
--
Bearish
Verified
See translation
A notable $HYPE movement from an entity linked to a major crypto investment firm. Worth keeping on the radar. A16Z-LINKED ENTITY MOVES $10.7M IN HYPE TO MAJOR MARKET MAKERS 👀. A wallet associated with an a16z-linked entity, has transferred a sizeable amount of #HYPE , following the disclosure of the Binance theft. The wallet moved 118,016 HYPE, worth approximately $10.7 million, in multiple batches to Wintermute, Galaxy Digital and Cumberland. The transfers were made, at an average price of around $90.72, with the latest movement recorded, approximately 10 to11 hours ago. This is being watched as a potential sale, although the exact purpose of the transfers remains unknown. Exchange or market-maker deposits alone don't confirm that the tokens were sold. address: 0xb5E4d21240e9356caFc3a1261d10383f62DFc24e {spot}(HYPEUSDT) {future}(HYPEUSDT)
A notable $HYPE movement from an entity linked to a major crypto investment firm. Worth keeping on the radar.
A16Z-LINKED ENTITY MOVES $10.7M IN HYPE TO MAJOR MARKET MAKERS 👀.
A wallet associated with an a16z-linked entity, has transferred a sizeable amount of #HYPE , following the disclosure of the Binance theft.
The wallet moved 118,016 HYPE, worth approximately $10.7 million, in multiple batches to Wintermute, Galaxy Digital and Cumberland.
The transfers were made, at an average price of around $90.72, with the latest movement recorded, approximately 10 to11 hours ago.
This is being watched as a potential sale, although the exact purpose of the transfers remains unknown. Exchange or market-maker deposits alone don't confirm that the tokens were sold.
address: 0xb5E4d21240e9356caFc3a1261d10383f62DFc24e
·
--
Bullish
See translation
ETH WHALES KEEP ACCUMULATING — $29M+ IN FRESH EXCHANGE WITHDRAWALS. Large wallets are continuing to move $ETH out of exchanges. One whale, 0x72e0, received 9,625 ETH worth approximately $21.57 million from FalconX around 4 hours ago. The wallet now holds a total of 21,875 ETH, valued at roughly $49.1 million. Meanwhile, another newly created wallet made its move. Around 9 hours ago, it withdrew 3,377 #ETH worth approximately $7.52 million from OKX. Wallet addresses: Existing whale: 0x72e0E844Aa7FE204831815e1270954BECf49256a Newly created wallet: 0x290884808BA8d3a615Ff84470a2F9003860c7889 {future}(ETHUSDT) {spot}(ETHUSDT)
ETH WHALES KEEP ACCUMULATING — $29M+ IN FRESH EXCHANGE WITHDRAWALS.
Large wallets are continuing to move $ETH out of exchanges.
One whale, 0x72e0, received 9,625 ETH worth approximately $21.57 million from FalconX around 4 hours ago. The wallet now holds a total of 21,875 ETH, valued at roughly $49.1 million.
Meanwhile, another newly created wallet made its move. Around 9 hours ago, it withdrew 3,377 #ETH worth approximately $7.52 million from OKX.
Wallet addresses:
Existing whale:
0x72e0E844Aa7FE204831815e1270954BECf49256a
Newly created wallet:
0x290884808BA8d3a615Ff84470a2F9003860c7889
·
--
Bearish
See translation
FRESH WALLET WITHDRAWS $6.65M IN #sol FROM THREE EXCHANGES. A newly created Solana wallet, identified as 2VXozU, has accumulated a sizeable amount of $SOL through withdrawals from multiple exchanges. Over the past period, the wallet received a combined 68,773 SOL, worth approximately $6.65 million, from Kraken, Bybit and OKX. Address: 2VXozUqccKmDYAsZSbjJtEnK5d4NufrkYutRxPUUkLfK {future}(SOLUSDT) {spot}(SOLUSDT)
FRESH WALLET WITHDRAWS $6.65M IN #sol FROM THREE EXCHANGES.
A newly created Solana wallet, identified as 2VXozU, has accumulated a sizeable amount of $SOL through withdrawals from multiple exchanges.
Over the past period, the wallet received a combined 68,773 SOL, worth approximately $6.65 million, from Kraken, Bybit and OKX.
Address: 2VXozUqccKmDYAsZSbjJtEnK5d4NufrkYutRxPUUkLfK
See translation
BINANCE HACKER MAKES A $3.32M MISTAKE — FUNDS SENT TO NEWT CONTRACT ARE GONE💀. In an unexpected twist, the Binance hacker reportedly sent approximately $3.32 million worth of altcoins to the $NEWT token contract address by mistake. The funds are now considered unrecoverable, meaning this portion of the stolen assets may be permanently lost. Address: 0xD0eC028a3D21533Fdd200838F39c85B03679285D After moving billions in stolen assets, one wrong transfer has potentially cost the attacker another $3.32 million.
BINANCE HACKER MAKES A $3.32M MISTAKE — FUNDS SENT TO NEWT CONTRACT ARE GONE💀.
In an unexpected twist, the Binance hacker reportedly sent approximately $3.32 million worth of altcoins to the $NEWT token contract address by mistake.
The funds are now considered unrecoverable, meaning this portion of the stolen assets may be permanently lost.
Address: 0xD0eC028a3D21533Fdd200838F39c85B03679285D
After moving billions in stolen assets, one wrong transfer has potentially cost the attacker another $3.32 million.
See translation
CZ RESPONDS TO #ElonMusk AFTER HIS JOKE ABOUT THE BINANCE HACK. The recent Binance hack has sparked an unexpected exchange between Elon Musk and CZ. After Musk appeared to make light of the incident, CZ replied directly, saying he respects Elon but felt it was the wrong time to troll. #CZ also reminded him of Binance's $500 million investment in Twitter's takeover, adding that the SPCX shares received through that investment are now worth more than $1 billion. He ended by asking Elon to show a little support during this difficult moment. CZ later shared his rough calculation of Binance's financial position: Total hack-related losses: $6 billion+ Funds frozen: Around $3 billion SAFU Fund: Around $1 billion+ Remaining gap: Approximately $2 billion $SPCX shares held by Binance: More than $1 billion in value According to CZ, the remaining shortfall is still painful, but manageable. From a massive security incident to a public exchange with Elon, the Binance story continues to unfold.
CZ RESPONDS TO #ElonMusk AFTER HIS JOKE ABOUT THE BINANCE HACK.
The recent Binance hack has sparked an unexpected exchange between Elon Musk and CZ. After Musk appeared to make light of the incident, CZ replied directly, saying he respects Elon but felt it was the wrong time to troll.
#CZ also reminded him of Binance's $500 million investment in Twitter's takeover, adding that the SPCX shares received through that investment are now worth more than $1 billion. He ended by asking Elon to show a little support during this difficult moment.
CZ later shared his rough calculation of Binance's financial position:
Total hack-related losses: $6 billion+
Funds frozen: Around $3 billion
SAFU Fund: Around $1 billion+
Remaining gap: Approximately $2 billion
$SPCX shares held by Binance: More than $1 billion in value
According to CZ, the remaining shortfall is still painful, but manageable. From a massive security incident to a public exchange with Elon, the Binance story continues to unfold.
See translation
HOW he Knows about the recent #Binance hack? EARLIER😵. COINCIDENCE or Something else? What you all think. He posted this post on 26th June 2026.
HOW he Knows about the recent #Binance hack? EARLIER😵.
COINCIDENCE or Something else? What you all think.
He posted this post on 26th June 2026.
See translation
BINANCE SAYS ALL HACK LOSSES WILL BE COVERED BY SAFU AND ITS OWN FUNDS 🤝. Binance has confirmed that all losses resulting from the theft will be fully covered by the SAFU Fund and Binance's own funds. Users won't be left bearing the cost of the incident. There's another interesting detail worth noting. Between February 2 and February 12, Binance cumulatively spent around $1 billion to acquire 15,000 BTC, at an average price of approximately $66,666.66 per BTC. Based on the figures shared, that BTC allocation alone is now sitting on roughly $179 million in unrealized profit. 👀 Withdrawal update: Binance's representative, @heyi also stated that the exchange expects to resume withdrawal services within the next 48 hours. Considering the scale of this incident, that's a significant recovery timeline. The focus now shifts to the restoration of withdrawals and the ongoing recovery process. #SAFU Fund public address: https://arkm.com/explorer/address/1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
BINANCE SAYS ALL HACK LOSSES WILL BE COVERED BY SAFU AND ITS OWN FUNDS 🤝.
Binance has confirmed that all losses resulting from the theft will be fully covered by the SAFU Fund and Binance's own funds. Users won't be left bearing the cost of the incident.
There's another interesting detail worth noting.
Between February 2 and February 12, Binance cumulatively spent around $1 billion to acquire 15,000 BTC, at an average price of approximately $66,666.66 per BTC.
Based on the figures shared, that BTC allocation alone is now sitting on roughly $179 million in unrealized profit. 👀
Withdrawal update: Binance's representative, @Yi He also stated that the exchange expects to resume withdrawal services within the next 48 hours.
Considering the scale of this incident, that's a significant recovery timeline. The focus now shifts to the restoration of withdrawals and the ongoing recovery process.
#SAFU Fund public address:
https://arkm.com/explorer/address/1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
·
--
Bearish
See translation
Trader 58bro.eth has made a major move, redeeming more than $17.96 million worth of $ETH from Aave and depositing it into OKX in multiple batches. So far, the wallet has also withdrawn the equivalent of 10.5 million USDT to repay loans. But there's still a sizeable position left behind on Aave: 4,911.05 WETH remaining in Aave, 2.51 million USDT in outstanding borrowing and Health factor: 3.69 . Wallet address:0xc24ad068E42B8293db1aC6d920aEd665aB3FE8d2 {future}(ETHUSDT) {spot}(ETHUSDT)
Trader 58bro.eth has made a major move, redeeming more than $17.96 million worth of $ETH from Aave and depositing it into OKX in multiple batches.
So far, the wallet has also withdrawn the equivalent of 10.5 million USDT to repay loans.
But there's still a sizeable position left behind on Aave:
4,911.05 WETH remaining in Aave, 2.51 million USDT in outstanding borrowing and Health factor: 3.69 .
Wallet address:0xc24ad068E42B8293db1aC6d920aEd665aB3FE8d2
·
--
Bearish
See translation
The market's recovery has put a major Bitcoin short under pressure. A total of 174.86 $BTC , worth approximately $13.74 million, has been liquidated from the position as BTC rebounded. But the trader hasn't fully exited. The wallet is still holding a substantial 310.86 BTC short position, with a new liquidation price of $78,905.50. Address: 0x4b62652d2f176bf5422c8157c5b37984837d57ca The remaining short is still sizable. All eyes on #BTC 's next move. {future}(BTCUSDT) {spot}(BTCUSDT)
The market's recovery has put a major Bitcoin short under pressure.
A total of 174.86 $BTC , worth approximately $13.74 million, has been liquidated from the position as BTC rebounded.
But the trader hasn't fully exited. The wallet is still holding a substantial 310.86 BTC short position, with a new liquidation price of $78,905.50.
Address: 0x4b62652d2f176bf5422c8157c5b37984837d57ca
The remaining short is still sizable. All eyes on #BTC 's next move.
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs