Glassnode
A claim that Binance was hacked puts the potential value of assets involved at about $5.3 billion. The largest listed amounts are $1.66 billion in USDT, 17,985 BTC valued at about $1.45 billion, and $767 million in USDC. ETH and dozens of smaller tokens are also mentioned.
Why it matters
The figures span major crypto assets and stablecoins, making the claim significant for exchange security and market participants. But the claim is framed as an apparent hack, not a confirmed incident.
Market impact
The reported total is described as a small part of Binance’s on-chain holdings. The listed amounts alone do not establish whether assets were stolen or whether Binance’s ability to operate has been affected.
Frequently asked questions
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How much value does the Binance hack claim involve?
The claim puts the potential value of assets involved at about $5.3 billion.
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Which assets account for the largest listed amounts?
The largest listed amounts are $1.66 billion in USDT, 17,985 BTC valued at about $1.45 billion, and $767 million in USDC.
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Are ETH and other tokens included in the claim?
Yes. ETH and dozens of smaller tokens are also mentioned.
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Is the reported hack confirmed?
No. The claim is framed as an apparent hack, not a confirmed incident.
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How does the reported total compare with Binance’s on-chain holdings?
The reported total is described as a small part of Binance’s on-chain holdings.
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