Tom Robinson, co-founder and chief scientist of on-chain tracking firm Elliptic, updated the tracking progress (as of around November 7): approximately $175 million worth of altcoins stolen from Binance earlier had been converted into about 2,300 $BTC . The funds moved across 16 chains, more than 20,000 wallets, and at least 65,000 transactions; around 88 bitcoins were mixed through Wasabi Wallet. Odaily, ChainCatcher, and others relayed the same figures around 00:40 on November 8 (UTC+8).
Robinson also noted that the bitcoins and $ETH position held primarily by the hackers remain untouched. As of 10:00 a.m. Eastern Time on November 7, addresses linked by on-chain intelligence platform Arkham showed holdings of about 18,384.725 bitcoins, but the interface had yet to reflect the additional roughly 2,300 bitcoins mentioned above—the tracking view and conversion activity still have a time lag. The funds’ fragmented route across multiple chains and wallets has made it take longer to piece together the full picture, while also pushing on-chain forensics toward finer levels of detail.
More importantly for users, Binance had already stated clearly that user funds were safe and that the platform would cover the losses itself. The conversion does not mean the main holdings have been entirely dispersed; the main holdings remain untouched, while the altcoins have been converted into bitcoin, indicating that the funds are still within the observable on-chain landscape. Around 00:55 on November 8 (UTC+8), spot BTC on Binance was trading near $75,800, while ETH, BNB, and SOL fluctuated slightly. The on-chain picture is still coming together; for now, the publicly reported conversion amount and route are worth keeping clearly in view.
#BTC #币安 #安全 does not constitute investment advice.
Robinson also noted that the bitcoins and $ETH position held primarily by the hackers remain untouched. As of 10:00 a.m. Eastern Time on November 7, addresses linked by on-chain intelligence platform Arkham showed holdings of about 18,384.725 bitcoins, but the interface had yet to reflect the additional roughly 2,300 bitcoins mentioned above—the tracking view and conversion activity still have a time lag. The funds’ fragmented route across multiple chains and wallets has made it take longer to piece together the full picture, while also pushing on-chain forensics toward finer levels of detail.
More importantly for users, Binance had already stated clearly that user funds were safe and that the platform would cover the losses itself. The conversion does not mean the main holdings have been entirely dispersed; the main holdings remain untouched, while the altcoins have been converted into bitcoin, indicating that the funds are still within the observable on-chain landscape. Around 00:55 on November 8 (UTC+8), spot BTC on Binance was trading near $75,800, while ETH, BNB, and SOL fluctuated slightly. The on-chain picture is still coming together; for now, the publicly reported conversion amount and route are worth keeping clearly in view.
#BTC #币安 #安全 does not constitute investment advice.
