Reddit post claims Binance hot wallets moved ~200,000 ETH to an unidentified wallet
A r/Bitcoin community post claims that Binance hot wallets sent a single wallet almost 200,000 ETH (~$445M) within an hour, and that the wallet then sent ~195,000 ETH elsewhere about 30 minutes later. The post says the wallet also holds roughly $2.4 billion in tokens, mostly USDT and USDC, and notes the hack is unconfirmed.
Why “Rumor”
- Only community or trader posts: r/Bitcoin
0 independent source groups across 1 post · evidence score 9/100. How labels work
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Market around the story
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ETH
Still being measured. The price reaction is recorded six hours after the first report, around .
What the sources claim
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Binance hot wallets sent a single wallet almost 200,000 ETH, worth about $445M, within the last hour. ETH
“Binance's hot wallets sent this wallet almost **200,000 ETH (\~$445M)**, all within the last hour.”
r/Bitcoin -
About 30 minutes later the wallet sent roughly 195,000 ETH to another address. ETH
“About 30 minutes later, it sent **\~195,000 ETH** somewhere else.”
r/Bitcoin -
The wallet holds about $2.4 billion in tokens, mostly USDT and USDC.
“The wallet is also sitting on **\~$2.4 BILLION** in tokens, mostly USDT and USDC.”
r/Bitcoin -
The wallet holds roughly $975M USDT and $823M USDC, nearly $1.8 billion in stablecoins.
“That's nearly $1.8 BILLION in stablecoins just sitting there.”
r/Bitcoin -
The post states a Binance hack is unconfirmed. disputes
“Binance could've been backed, ~~but for now it's unconfirmed.~~”
r/Bitcoin
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-29 21:50 UTC. Labels are computed from the sources, not by the model.