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A hacker dumped 7.77 trillion PEPE tokens stolen from an attack on Binance’s hot wallet, exchanging them for 14,049 ETH.

1 hours ago

According to on-chain analyst Ai Yi (@ai_9684xtpa), hackers have dumped all 7.77 trillion PEPE tokens from Binance’s hot wallet into 14,049 ETH, driving the token’s price down 12.33% and totaling over $31.9 million, with an average sell price of approximately $0.0000041. As of now, the unrealized profit on the 11.8 trillion PEPE tokens Justin Sun has transferred out since October 17 has shrunk to $4.45 million.

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Binance Hacker Dumps 217.5M $ENA, New Wallet Opens 3x Long on 22.78M $ENA

After the Binance hacker finished dumping all 217.5M $ENA ($33.93M), someone started going long on $ENA. A newly created wallet, 0xedc0, deposited 2M $USDC into Hyperliquid and opened a 3x long on 22.78M $ENA ($4.09M).

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He Yi: The platform is currently undergoing security scans, and user funds are secure.

Binance co-founder He Yi published a statement thanking the community for their collective support, noting that the platform is currently conducting security scans to ensure the safety of users' funds. He Yi also reposted a post from on-chain monitoring account Specter regarding the progress of frozen stolen assets, which states that approximately $2.8 billion in related stolen assets have been frozen so far, and calls on First Digital to assist in freezing the remaining roughly $3.45 million in FDUSD.

8 minutes ago

Coinbase CEO has offered assistance to Binance and is blocking transfers to the stolen wallet.

Coinbase CEO Brian Armstrong stated in a post that his team is doing its utmost to support the ongoing situation surrounding the Binance hack, including blocking transfers to the compromised wallets, and has proactively reached out to Binance to offer assistance. Armstrong noted that the crypto industry should collaborate at this juncture, share useful information publicly, prioritize protecting customers regardless of which platform they use, and those capable of assisting should step forward. The crypto industry has always emerged stronger after every difficult period, and this time will be no exception.

8 minutes ago

The three major U.S. stock index futures continued to decline, with Nasdaq futures falling by 2%.

According to data from the BIT Stock Platform, the three major U.S. stock index futures continue to decline: Nasdaq futures fell 2%, and S&P 500 futures fell 1%. Amazon and Intel dropped 7.7% and 23% respectively in after-hours trading, as their previously released earnings reports failed to impress investors. Tech stocks followed suit in after-hours and overnight trading, with Nvidia down 2.5%, Micron Technology down 4.4%, and Oracle down 4%.

8 minutes ago

Whale Closes $80.56M $ETH Position to Avoid Liquidation, Down $38M

The whale holding a 93,184 $ETH ($214M) long closed 36,517 $ETH ($80.56M) to avoid liquidation and still holds 56,667 $ETH ($125M). New liquidation prices: $2,122.44 and $2,129.72. The whale has lost over $38M in total.

8 minutes ago

Trader 'Maji' suffered 8 consecutive liquidations amid the price decline, with their Hyperliquid account balance now standing at just $1.5.

According to Lookonchain monitoring, crypto personality "Big Brother Ma Ji" Huang Lichang has been liquidated 8 times consecutively over the past six hours, with all his positions cleared, leaving his Hyperliquid account with a balance of just $1.50.

8 minutes ago

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