Following the Binance hack, North Korean hackers control over 420,000 ETH worth nearly $1 billion, posing a risk of large-scale sell-offs that could pressure Ethereum's price amid fragile market liquidity. Binance has replenished 95% of stolen assets using its own funds and protection mechanisms, helping stabilize the market. However, the hackers' ETH holdings remain a threat if sold rapidly, while some technical indicators suggest Ethereum might rebound. Ongoing monitoring of hacker wallet movements and Binance's recovery efforts will be crucial in the coming weeks.
The recent news about Ethereum and the risk posed by a large sale of 420,000 ETH is presented here with Pluang's current market data for context. For readers following major cryptocurrencies, as of Nov 01, 2026 17:51 WIB, 35 of 50 major cryptocurrencies on Pluang rose while 14 fell. Notable price changes include BAL at Rp16.297 (+11.14%), COTI at Rp192 (+9.76%) with 98% buy order activity, and YFI at Rp36.497.930 (+8.25%) with 100% buy order activity and typical hold times ranging from 85 to 122 days.
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