Lookonchain
The Binance hacker sold $158.25 million worth of UNI, ENA, PEPE, LINK, AAVE, ONDO and WLD, swapping the tokens for 70,480 ETH. The sales ranged from $39.63 million in UNI to $6.09 million in WLD.
Why it matters
The transactions convert a basket of altcoins into a single, substantial ETH position. That shift may draw attention to potential selling pressure across the tokens and the resulting concentration in ETH.
Market impact
UNI accounted for the largest sale at $39.63 million, followed by ENA at $33.93 million and PEPE at $31.66 million. LINK added $26.05 million, while AAVE, ONDO and WLD made up the remaining sales.
Frequently asked questions
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How much ETH did the Binance hacker receive from the sales?
The seven token sales were swapped for 70,480 ETH, valued at $158.25 million.
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Which token accounted for the largest sale?
UNI was the largest sale, with 7.02 million tokens sold for $39.63 million at $5.65 each.
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How much PEPE was sold?
The sales included 7.77 trillion PEPE, valued at $31.66 million at $0.0000041 each.
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Which other tokens were included in the transactions?
The wallet also sold ENA, LINK, AAVE, ONDO and WLD, alongside UNI and PEPE.
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What does the conversion mean for the wallet's holdings?
The sales turned a basket of seven altcoins into a concentrated position of 70,480 ETH.
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