Latest Update
2026-10-29 17:29 UTC

PeckShieldAlert: Binance Hackers Swap PEPE, WBTC for ETH

PeckShieldAlert: Binance Hackers Swap PEPE, WBTC for ETH

PeckShieldAlert reports Binance Hacker 12 swapped 7.7T PEPE for 14,049.9 ETH while a second address converted 167.14 WBTC into 5,700 ETH, with all proceeds consolidated at 0x79e70d139fC05AA75F75611fDF2680E9952B544A.

Source

Analysis

PeckShieldAlert flagged fresh movements from addresses tied to the Binance exploit: the wallet labeled Binance Hacker 12 converted 7.7T PEPE worth roughly $24M into 14,049.9 ETH, while the recipient of 167.14 WBTC and 9.7M USDe from Binance Hacker 2 exchanged the WBTC portion for an additional 5,700 ETH.

Ethereum sits at $2197.53 inside a bearish 4h structure, price pinned below the EMA50 at $2352.51 and the EMA200 at $2462.64. The MACD death cross at -20.77 keeps downside pressure intact even as RSI(14) at 29.91 marks oversold territory; with price testing the lower Bollinger band near $2244.98, any relief rally is likely to stall at the upper band of $2412.5 before the next leg lower.


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