Statements

Binance 16, the second Ethereum hot wallet, signed nine ordinary transfers to the attacker worth about $174 million, with no delegation at all.

On October 29, about $6.43 billion was stolen from Binance across 11 blockchains.

At least $5.57 billion in crypto has left wallets linked to Binance across three blockchains in what appears to be a breach of the world’s largest cryptocurrency exchange.

Blockchain analytics firms Chainalysis and TRM Labs put the total at around $6.4 billion, more than four times the previous record, February 2025’s $1.5 billion Bybit heist.

Blockchain security firm Blockaid said its team had identified roughly $3.3 billion in suspicious transfers involving Binance-linked wallets across Ethereum, Arbitrum and Avalanche.

In September the cryptocurrency exchange Bitget said roughly $350m in crypto had been stolen from its platform

Most of the money left in about 20 minutes, and a smaller second wave hit Avalanche and Polygon around 23:05 UTC.

That would make the hack the largest cryptocurrency theft on record, it said.

"An attacker moved approximately USD 6.36 billion out of Binance wallets on ten blockchains, most of it in about 20 minutes," TRM said.

On October 29, 2026, $6.43 billion in cryptoassets were stolen from Binance, the world's largest cryptoasset exchange, according to Elliptic's analysis.

Elliptic's total excludes a further $169 million that left Binance after withdrawals were suspended.

Over the course of a few hours, the attacker drained Binance hot wallets across 11 blockchains.

About $6.3B was stolen from Binance’s hot wallets on October 29, 2026, by Binance’s own estimate, across Ethereum, Arbitrum, Avalanche, Optimism, Bitcoin, Tron, and other chains, the largest crypto theft on record.

The majority of the stolen crypto was taken in a period of around 20 minutes on October 29, according to analysis by crypto tracing firm TRM Labs.

The attackers initially stole 200,630 ETH and accumulated the rest by swapping stolen stablecoins and other tokens, Bitquery added.

According to Bitquery, 17 of the attackers’ Bitcoin addresses held 1,000 BTC each, while the remaining coins sat in two other wallets.

Blockchain analytics firm Bitquery traced 18,270 Bitcoin (BTC), worth roughly $1.4 billion, to 19 addresses linked to the attacker.

Three minutes and 24 seconds after the delegation, the operator instructed the Binance hot wallet to send its entire balance to an attacker-controlled address. That single transaction moved 167,464 ETH and 63 tokens, including 1.615 billion USDT.

TRM traced every transfer from Binance-attributed wallets to attacker-controlled addresses across ten blockchains. Valuing each transfer at the price of the asset at the moment it was taken, the total is approximately USD 6.36 billion. At current prices, the same assets are worth about USD 6.23 billion.

On October 29, 2026, an attacker moved approximately USD 6.36 billion out of Binance wallets on ten blockchains, most of it in about 20 minutes starting at 20:05 UTC.

Chainalysis co-founder and CEO Jonathan Levin said the Binance hack was likely carried out by North Korean hacking group TraderTraitor , citing links to a previous hack. In a post on X, Levin put the theft at $6.4 billion, slightly above Binance’s estimated $6.3 billion impact.

The estimated total impact sits at around $6.3B.

Blockchain analytics firm Chainalysis estimated that roughly $5.9 billion was stolen at the time of the theft.

Our current estimate on amount stolen is approx $5.912B at time of theft

Chainalysis said its current estimate of the amount stolen from Binance is $5.912 billion at the time of theft, four times the amount stolen from crypto exchange Bybit in 2025.