FeesSafety
Pluang+

BNB plunges 6.3% after $2.8B drained from Binance hot wallet, sparking sell-off amid security concerns.

Market News
30 Oct 2026, 00:59 WIB
CryptoTicker
View Source
Bearish
BNB plunges 6.3% after $2.8B drained from Binance hot wallet, sparking sell-off amid security concerns.

BNB, Binance's native token, dropped 6.3% within 35 minutes after about $2.8 billion was drained from a Binance hot wallet, though no BNB tokens were stolen. The sell-off reflects shaken confidence in Binance, as BNB is closely tied to the exchange's operations. Binance confirmed it is investigating the incident, and most of the drained funds are frozen stablecoins. The situation echoes the 2022 FTX collapse but differs as Binance holds significantly more customer assets and has a history of covering losses. Investors are advised to withdraw BNB to personal wallets and await Binance's official response before making decisions.

BNB is currently trading at Rp12.810.410 on Pluang, down 6.84% over the past day, with a market cap of Rp1.697,36 trillion. Sell orders dominate at 63%, and typical holders keep BNB for around 90 days. These figures are as of Oct 30, 2026 05:22 WIB.

More News (BNB)

Binance probes possible hack after Tether freezes $1.567B USDT; customer funds said safe.

Binance probes possible hack after Tether freezes $1.567B USDT; customer funds said safe.

Binance is investigating a potential security breach after Tether froze over 1.567 billion USDT linked to suspicious activity. Binance assures customers their funds remain safe while security teams review the situation. The incident involves large tr...

Bearish
4 hours ago
BNB drops over 6% amid Binance withdrawal issues; Bitcoin also falls 3.25%

BNB drops over 6% amid Binance withdrawal issues; Bitcoin also falls 3.25%

BNB token fell sharply by 6.23% on Thursday, reaching an intraday low of $678.13 before recovering slightly to $703.55. At the same time, Bitcoin also declined by 3.25%, trading at $79,117. Binance reported a technical error that temporarily prevente...

Market News
Bearish
4 hours ago
Solana falls below $100 after Binance hack triggers $628M liquidations and market sell-off.

Solana falls below $100 after Binance hack triggers $628M liquidations and market sell-off.

Solana's price dropped below $100 following a suspected hack on Binance, which led to $628 million in liquidations, mostly on leveraged long positions. Although no Solana tokens were stolen, the market sell-off affected SOL due to its trading pairs w...

Market News
Bearish
4 hours ago
$5.57B stolen from Binance-linked wallets in possible record crypto hack; investigation ongoing.

$5.57B stolen from Binance-linked wallets in possible record crypto hack; investigation ongoing.

At least $5.57 billion in cryptocurrency was moved out of Binance-linked wallets across Ethereum, Bitcoin, and Tron blockchains in what appears to be a major security breach. Binance has not confirmed a hack but is actively investigating the potentia...

Market News
Bearish
4 hours ago
Crypto markets plunge as Bitcoin nears $78K amid unverified Binance hack rumors, triggering $659M in liquidations.

Crypto markets plunge as Bitcoin nears $78K amid unverified Binance hack rumors, triggering $659M in liquidations.

On October 29, Bitcoin briefly dropped near $78,000 and Ether fell below $2,250 amid a crypto market selloff sparked by unverified rumors of a Binance security breach. Bitcoin slid from around $80,800, while Ether reached about $2,243. This led to fu...

Market News
Bearish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App