Lookonchain
The Binance hacker dumped more than 130 altcoins on EVM chains, receiving 123,400 ETH valued at $277.26 million and 1.69 million USDC. The reported total is $279 million.
Why it matters
Selling across more than 130 altcoins puts broad pressure on EVM-based markets. The proceeds are concentrated in ETH and USDC, with ETH accounting for most of the reported value.
Market impact
The figures describe the hacker's reported proceeds, not the amount of altcoin price impact. The scale and breadth of the sales make the movement of the received ETH and USDC a key point for market watchers.
Frequently asked questions
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How many altcoins did the Binance hacker dump?
The reported sales covered more than 130 altcoins on EVM chains.
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How much ETH did the hacker receive?
The hacker received 123,400 ETH, valued at $277.26 million in the report.
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How much USDC was included in the proceeds?
The reported proceeds included 1.69 million USDC.
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What was the reported total value of the proceeds?
The reported total was $279 million.
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What does the reported $279 million represent?
It represents the reported value of the ETH and USDC received from the sales, not a stated measure of the altcoins' price impact.
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