Uniswap's UNI took the biggest hit. The attacker sold 7.02 million UNI for $39.63 million at about $5.65, alongside 217.5 million ENA for $33.93 million, 7.77 trillion PEPE for $31.66 million, 2.57 million LINK for $26.05 million, 127,953 AAVE for $14.27 million and smaller ONDO and WLD positions, about 70,480 ETH, or roughly $158.25 million, in all, according to Lookonchain figures reported by Bitcoin.com News. The UNI exit took 51 minutes, and the last swap filled about 21% worse than the first, per one analyst. Ether fell 5.2% to $2,190 early Friday. The bigger argument is about how it happened. Binance says a compromised engineer's laptop let an attacker submit unauthorized withdrawals and that it found no evidence of a private key leak. Several researchers are not convinced. TRM Labs says wallets on nine other chains moved funds through ordinary signed transfers and judges that the attacker could likely get the hot wallet system to sign whatever it wanted, and WuBlockchain counts $1.449 billion of outflows on bitcoin and $628 million on Tron, where the EIP-7702 delegation trick seen on Ethereum does not exist. Researcher 0xQuit pushes the other way, noting the attacker used a relayer, which would be unnecessary with the keys in hand. Binance's promised post-mortem will have to settle it.
October 30, 2026
The Binance Hacker Sold $158 Million of Altcoins, and Sleuths Doubt the No-Key-Leak Story
Original reporting: news.bitcoin.com ↗