Binance's Ethereum hot wallet drained of $2.5B in tokens
A major cryptocurrency exchange faces potential loss after its Ethereum wallet shows signs of being compromised.
What to know
- Binance's Ethereum hot wallet reportedly drained of ~$2.5 billion in 60+ tokens on October 29, 2026
- Reports remain unconfirmed; Binance has not issued an official statement
- Blockchain data on Etherscan shows transaction activity consistent with wallet drainage
Binance Cryptocurrency exchange
How it unfolded 2 developments, newest first · click a bar or a number to jump posts
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Blockchain data confirms wallet drainage on Etherscan
Etherscan data is posted showing the wallet address being drained of tokens, with Hacker News users sharing the link to verify the transaction activity.
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It looks like Binance is getting drained right now, across multiple hot wallets, for $2B and counting. — Pretty normal for exchanges to migrate wallets, NOT normal for them to then swap to Tether and dump [image]
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Binance hot wallet drained of $2.5B in tokens
BWENEWS reports that Binance's hot wallet on Ethereum appears to be getting drained for approximately $2.53 billion in over 60 tokens. The report is marked as unconfirmed.
“Binance Hot Wallet looks to be getting drained for about $2.53B in 60+ tokens on Ethereum ———— unconfirmed…”
— BWENEWS -
first by Blockchain.News, 13d ago
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BWENEWS: Binance Hot Wallet looks to be getting drained for about $2.53B in 60+ tokens on Ethereum ———— unconfirmed https://t.co/H42eboHc1O 方程式新闻: Binance热钱包似乎正遭遇约25.3亿美元的以太坊上60多种代币的盗取——未经证实 ETH (Auto match could be wrong, 自动匹配可能不准确)
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