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$158M in altcoins from Binance hack swapped for 70,480 ETH, emptying wallets

30 Oct 2026, 06:04 WIB
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$158M in altcoins from Binance hack swapped for 70,480 ETH, emptying wallets

An on-chain analyst linked several wallets involved in the Binance hack, tracking the exchange of about $158.25 million worth of altcoins into 70,480 Ether (ETH). The tokens swapped included large amounts of Uniswap (UNI), Ethena (ENA), Pepe (PEPE), Chainlink (LINK), Aave (AAVE), Ondo (ONDO), and Worldcoin (WLD). This token swap converted diverse stolen assets into ETH, leaving the wallets empty of the original tokens. The event highlights ongoing laundering activity following the Binance hack, with Ether being the chosen asset for consolidation.

Ethereum trades at Rp40,313,504 on Pluang, down 3.99% as of Oct 30, 2026 10:11 WIB, highlighting the significance of ETH as the preferred asset in the Binance-linked wallet swaps. Other tokens involved in the swaps, such as Uniswap and Aave, are also down on Pluang with UNI at Rp120,744 (-4.72%) and AAVE at Rp2,211,358 (-6.18%). This price movement contrasts with the large-scale conversion of altcoins into ETH reported in the news.

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