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$51M in stolen XRP from Binance theft moved, mostly converted to Bitcoin via THORChain

Market News
09 Nov 2026, 11:06 WIB
Tokenpost
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Bearish
$51M in stolen XRP from Binance theft moved, mostly converted to Bitcoin via THORChain

About 44 million XRP worth $51 million, stolen from Binance, were moved overnight and mostly converted to Bitcoin through THORChain. As of Nov. 7, 148 million XRP valued at $173 million still remain in theft-linked addresses. Additionally, around 2,300 BTC worth $175 million were transferred to new Bitcoin addresses after conversion from stolen assets. Increased mixing activity was also noted, with 53 BTC entering CoinJoin transactions, indicating ongoing efforts to obscure the stolen funds' trail.

The Binance theft-linked wallets moving 44 million XRP provide context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, as of Nov 09, 2026 16:01 WIB, 6 out of 50 major cryptocurrencies rose while 43 fell. Notable movers include FIL at Rp13.522 with a 1-day change of -4.57%, LUNC at Rp0,696 down 4.40%, and THETA at Rp2.489 down 4.23%.

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