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$101M stolen XRP moves from Binance hack wallet in two quick transfers

Market News
02 Nov 2026, 13:49 WIB
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Bearish
$101M stolen XRP moves from Binance hack wallet in two quick transfers

A cryptocurrency wallet linked to Binance's $6.3 billion hack moved 80 million XRP, worth about $101 million, in two transfers within 50 seconds on November 2. These were the first major movements of stolen XRP since the October 29 breach, occurring shortly after Binance resumed withdrawals and claimed to have replaced 95% of stolen assets. The recipients remain unidentified, and there is no evidence the XRP was sold. Unlike Ripple's stablecoin, XRP cannot be frozen or reversed, complicating recovery efforts and highlighting the need for exchange cooperation. The hack also briefly impacted crypto markets, but these transfers do not indicate a new selloff.

As of Nov 02, 2026 19:02 WIB, Binance Coin (BNB) trades at Rp12.804.496 on Pluang, down 0.94% over the past day. Despite the recent $101 million XRP wallet movements linked to the Binance hack, BNB shows steady trading with a market cap of Rp1.676,65 trillion and a 24-hour volume of Rp22,55 trillion. Pluang users currently favor buying BNB at 68% versus 32% selling, holding typically for 90 days.

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