Based on the on-chain snapshot shared, the Alpha-related wallet still holds around $400M in assets. AKE, AIN, M, NES, TA, B2, and Q remain listed among its holdings, primarily on BSC.
Reports claim that some Binance hot wallets were affected yesterday, particularly “Binance 14” on Ethereum, with a possible connection to EIP-7702. The cause and scope still need official confirmation.
For the Alpha address being discussed, the snapshot shows those tokens are still there—it does not appear to have been emptied.
One affected hot wallet doesn’t automatically mean every related address has been drained. Equally, a visible balance alone doesn’t prove everything is secure.
Stay calm, check official announcements, and follow live on-chain data before drawing conclusions.
$AIN is testing a key resistance zone, and the positioning data shared here shows a striking divide: • 89% of whales and 86% of smart traders are long. • The broader crowd is only 33% long. • 88 long whales hold roughly $32.4M in positions, with 97% reportedly in profit.
Meanwhile, Gate moved approximately 53.5M AIN (~$8.45M) from cold wallets to its hot wallet two days ago. I haven’t spotted another transfer of comparable size since. That movement alone doesn’t confirm buying or selling.
My bias is bullish, but the breakout still needs to prove itself. A strong close above resistance, followed by a successful retest, would strengthen the long setup. Rejection keeps the downside risk alive.
Whale positioning is a clue, not a guarantee. Looking for a big move—with a clear invalidation and controlled risk. 🎯
BINANCE INCIDENT TIMELINE — WAS THE ATTACK PLANNED IN ADVANCE?
The circulating timeline suggests preparations may have begun before the suspected attack. However, these transaction details and loss estimates remain unverified. ▪️ Oct 28: A wallet reportedly receives funding through Tornado Cash. ▪️ Oct 29, 16:00: The wallet deploys an allegedly malicious contract. Oct 29 — reported sequence: • 20:20: Binance Hot Wallet 14 reportedly grants permission to the contract. • 20:24: Approximately 167K ETH and 1.6B USDT leave Wallet 14. Just 24 seconds later, Wallet 16 sends another 28K ETH to the same address. • 20:42: Around 780M USDC leaves Wallet 34. • 20:45: BTC reportedly drops $2,500 in a single candle, with $627M in long liquidations. • 21:11: Tether reportedly freezes 1.567B USDT. • 21:13: Circle reportedly freezes 823M USDC. • 21:15: @cz_binance says the incident “does look like a hack.” • 21:29: @binance assures users their funds are safe. Reports also claim a further 200M USDT outflow, with ETH continuing to move. ⚠️ Circulating estimates put total outflows at $5.6B across multiple chains. These figures are not confirmed losses, and the reported frozen totals differ between updates. If verified, this could become the largest crypto hack on record. But advance preparation alone does not prove an inside job. Can Binance contain the damage and restore confidence? 👀