Binance: $5.3 Billion Hack Flagged by Glassnode

Binance suffered a reported hack of roughly $5.3 billion in assets according to Glassnode, with the largest holdings consisting of $1.66 billion in USDT, 17,985 BTC valued at about $1.45 billion and $767 million in USDC, plus ETH and smaller tokens.

The total remains a modest fraction of Binance on-chain reserves.

Bitcoin trades at $78754.23 inside a bearish structure defined by the EMA50 at $80917.41 and EMA200 at $81661.06. Momentum shows RSI(14) at 38.52 in neutral territory while MACD registers a death cross at -156.13. Price is testing the lower Bollinger Band support at $78999.31 with upper resistance at $82024.88. With price pressing against lower-band support while the death cross remains intact, a swift bounce toward the 50-EMA at $80917.41 appears the next probable reaction before any sustained directional move.