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Binance-linked Bitcoin hot wallet reportedly transfers out approximately 17,500 BTC

According to monitoring by Bitcoin News, a Bitcoin address labeled as a hot wallet in Binance's own transparency disclosures reportedly had approximately 17,500 BTC transferred out. The transfer occurred amid reports of a major security incident involving a Binance-linked Ethereum wallet. It is currently unclear whether this Bitcoin transfer was unauthorized or a movement made for security reasons.

Approximately $2.37 billion in USDT and USDC was frozen within 40 minutes.

According to Whale Alert, within approximately 40 minutes of the suspected Binance hack, around $2.37 billion in USDT and USDC was frozen; addresses tagged as "Binance Hack 2026" additionally transferred out approximately 7.019 million UNI.

Addresses related to the suspected Binance theft transfer out 57,900 ETH

According to Whale Alert, at 05:41 Beijing Time, the address tagged "Binance Hack 2026" transferred 57,891 ETH (approximately $133 million) to a new wallet.

EIP-7702 authorization exploited to move Binance wallet assets, with an additional $780M USDC transferred out

Odaily reports: According to Bitcoin News monitoring, on-chain analysis shows that attackers appear to have exploited the Ethereum EIP-7702 mechanism to obtain signature authorization, installing malicious code without directly accessing the private keys of Binance-associated wallets. The attackers then called a function named "sweep" to transfer ETH and dozens of tokens into wallets under their control; the same delegation permission was reportedly also used to transfer $780 million USDC out of another Binance hot wallet. The attackers' transaction relayer received funding through Tornado Cash, and nearly 195,460 ETH was subsequently transferred to a newly created wallet. How the attackers obtained the relevant authorization remains unclear. Binance stated that user funds are safe and that an investigation is currently underway.

Binance Suspected of Being Hacked for at Least $5.57 Billion Across Three Public Blockchains

According to on-chain statistics cited by Decrypt, at least $5.57 billion in assets have been transferred from wallets associated with Binance, involving Ethereum, Bitcoin, and TRON; if confirmed as a hack, it would become the largest cryptocurrency heist in history. Binance stated that it is still investigating.

Binance-labeled wallets saw over $5.6 billion in outflows amid suspected attack

Odaily reports: On-chain monitoring shows that the total assets flowing out of Binance-labeled wallets amounted to approximately $5.643 billion. The breakdown includes: $3.528 billion on Ethereum, $1.449 billion on Bitcoin, $628 million on Tron, and $38 million combined across Arbitrum, Optimism, and Base networks. The tally excludes change outputs and avoids double-counting subsequent transfers and swaps. Tether and USDC issuer Circle have frozen at least $2.316 billion in stablecoins, including approximately $1.493 billion in USDT and $823 million in USDC.

Binance Hot Wallet Suspected of Unusual Outflows, New Address Now Holds Over $2 Billion in Assets

According to CoinDesk and security firm Blockaid, Binance's hot wallet has experienced large-scale abnormal outflows since 04:24 Beijing Time. New addresses are holding over $2 billion in assets, Binance has not yet confirmed an attack; BNB dropped approximately 6% within one hour.

Market News: Over $2.5 Billion in Assets Reportedly Stolen from Binance Hot Wallet

According to on-chain reports, abnormal fund outflows have occurred from Binance's hot wallet, with funds flowing to newly created addresses. These addresses were initially funded via Tornado Cash, and the stolen funds are valued at over $2.5 billion.

780 million USDC transferred from Binance to an unknown wallet

According to Whale Alert, approximately 780 million USDC (worth around $780 million) was transferred from Binance to an unknown wallet at 04:42 Beijing Time.

195,000 ETH transferred between unknown wallets, worth approximately $449 million

According to Whale Alert, at 04:40 Beijing Time, 195,460 ETH (approximately $449 million) were transferred from an unknown wallet to a new wallet.

7636 BTC transferred from Binance to a new wallet

According to Whale Alert, at 04:30 Beijing Time, 7,636 BTC (approximately $614 million) was transferred from Binance to an unknown new wallet.

28,000 ETH transferred from Binance to unknown wallet

According to Whale Alert, at 04:26 Beijing Time, 28,005 ETH (worth approximately $64.86 million) were transferred from Binance to an unknown wallet.

613 million USDT transferred from Binance to unknown wallet

According to Whale Alert, at 04:23 Beijing Time, approximately 613 million USDT (around $612 million) were transferred from Binance to an unknown wallet.

965,000 SOL transferred from Binance to a new wallet

According to Whale Alert, at 04:11 Beijing Time, 965,000 SOL (approximately $95.44 million) were transferred from Binance to an unknown new wallet.

185 million XRP transferred from Binance to a new wallet

Whale Alert monitoring shows that approximately 185 million XRP (valued at around $236 million) were transferred from Binance to an unknown new wallet.

Polymarket Hacked: Over 700 Users Affected, Losses Approximately $3.46 Million

According to monitoring by Bubblemaps, the hack of a third-party service provider for Polymarket has resulted in the theft of assets belonging to over 700 users, totaling approximately $3.46 million. Of this amount, roughly $2.7 million has been converted to POL and transferred out, while approximately $0.75 million remains in Polymarket.

Polymarket suspected of frontend attack, trading switched to cancel-only mode

According to Decrypt, Polymarket has switched trading to cancel-only mode and paused relay operations due to a security incident, with multiple users reporting unauthorized asset transfers. The suspected attacker's address holds approximately $2.65 million in POL.

Tether transferred 500 million USDT to Binance

According to Whale Alert, at 01:28 Beijing Time, 500 million USDT (worth approximately $500 million) was transferred from Tether Treasury to Binance.

Bitcoin ETF records $135 million in single-day net inflows, while Ethereum ETF remains in net outflow.

According to Lookonchain data, Bitcoin spot ETFs recorded a daily net inflow of 1,684 BTC (approximately $135 million), while Ethereum spot ETFs saw a daily net outflow of 9,081 ETH (approximately $21.11 million), with both averaging net outflows over the past seven days.

Glassnode: About 4 Million BTC Were Purchased Above $85,000, Most Bought in 2025

Odaily reports: On-chain analytics firm Glassnode says long-term holders hold roughly 4 million BTC with a cost basis between $85,000 and $118,000, most of which was purchased in 2025. At Bitcoin's current price, these holdings are worth approximately $326 billion, and holders are currently facing losses.Glassnode defines long-term holders as addresses holding coins for more than 155 days, and notes that the $84,000–$85,000 range has pushed Bitcoin back four times this year; since January, Bitcoin has closed above that range on only 5 days. Glassnode says that if prices recover to the relevant cost basis range, some holders may choose to sell to break even.U.S. spot Bitcoin ETF holdings have an average cost basis of about $81,500–$82,000. Glassnode says ETF holders' average unrealized loss as of Monday was about $2.63 billion; the estimate only tracks fund flows and does not include the purchase costs of secondary-market buyers. (Decrypt)