Latest Update
2026-10-29 17:01 UTC

Binance Hacker: Swaps Altcoins for 70,480 ETH

Binance Hacker: Swaps Altcoins for 70,480 ETH

Lookonchain reports the Binance hacker converted UNI, ENA, PEPE, LINK, AAVE, ONDO and WLD holdings into 70,480 ETH valued at $158.25 million.

Source

Analysis

Binance hacker completed liquidation of $UNI, $ENA, $PEPE, $LINK, $AAVE, $ONDO and $WLD, exchanging the lot for 70,480 ETH ($158.25M) according to @lookonchain.

ETH trades at $2216.53 on the 4h chart inside a bearish structure defined by EMA50 at $2353.25 and EMA200 at $2462.83. MACD registers a death cross at -19.26 while RSI sits at 31.6. Price tests the lower Bollinger Band support near $2251.99 after repeated rejection at the upper band of $2407.4. With price pinned against short-term volatility support and longer-term moving averages acting as overhead resistance, further downside pressure toward the $2200 region appears the path of least resistance before any sustained recovery attempt.


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