On-chain analyst Yu Zhan's monitoring indicates that Binance appears to have lost approximately $3.43 billion in assets in a security incident early today. The estimate excludes about $2.43 billion in stablecoins that issuers helped freeze. According to Yu Zhan, the stolen assets include 18,270 BTC worth approximately $1.44 billion, which has not yet moved. Yu Zhan's monitoring shows the hacker converting other altcoins into ETH, with ETH holdings reaching approximately 467,000, worth about $1.06 billion.