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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

Other reports on this event

Its sources described the event in different words, so it was kept as a separate story with its own label. How reports are linked

Market around the story

  • ETH Still being measured. The price reaction is recorded six hours after the first report, around .

What the sources claim

  1. 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
  2. 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
  3. 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
  4. 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
  5. 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.