Analyst: Hacker Has Not Yet Moved the Bitcoin Stolen from Binance

Odaily reports: According to monitoring by on-chain analyst Yu Zhan, Binance appears to have suffered a large-scale security incident in the early hours of today, with approximately $3.43 billion in assets stolen. This figure excludes about $2.43 billion in stablecoins that stablecoin issuers helped freeze.

Among the stolen assets, the largest single item was 18,270 BTC, worth approximately $1.44 billion, and the relevant BTC has not yet been moved. Meanwhile, the hacker is converting other altcoins into ETH, and the ETH held has now reached approximately 467,000, worth about $1.06 billion.