About 18,270 Bitcoin valued at roughly $1.4 billion was taken from Binance, but converting these coins into cash quickly may be difficult. Challenges include fewer mixing services able to handle large transfers, strict identity checks by centralized exchanges, and improved blockchain tracing that makes moving and selling the coins without detection harder. These obstacles could delay or reduce the coins' impact on market selling pressure. Binance co-founder He Yi confirmed they will pursue the matter fully.
The report on 18,270 BTC stolen from Binance provides context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Oct 30, 2026 11:21 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell today. ENJ dropped 8.65% to Rp414 with a typical hold time of 105 days, BAT fell 8.60% to Rp2,315 with 86% sell order activity, and SNX declined 8.38% to Rp3,237 with 100% sell order activity.
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