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Nearly 487,000 Solana worth $46.4M from Binance hack moved toward Bitcoin in one hour

Market News
01 Nov 2026, 13:01 WIB
Tokenpost
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Nearly 487,000 Solana worth $46.4M from Binance hack moved toward Bitcoin in one hour

About 487,000 Solana (SOL), valued at approximately $46.4 million, was transferred from wallets linked to the Binance hack toward Bitcoin within one hour. This movement represents roughly half of a larger pool of 970,522 SOL worth about $95.9 million. The conversion is being processed through Relay Protocol. Binance confirmed the hack occurred on October 30 but assured that customer funds remained safe. This transfer highlights ongoing activity involving the stolen funds and their conversion into Bitcoin.

The recent movement of nearly 487,000 Solana (SOL) tokens linked to the Binance hack provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 01, 2026 17:51 WIB: out of 50 major cryptocurrencies, 35 rose and 14 fell today. Notable movers include AVAX at Rp159.800 with a 4.69% increase and a Pluang order activity of 31% Sell / 69% Buy, LINK at Rp213.654 up 3.40% with 88% Sell / 12% Buy, and AXS at Rp15.949 up 3.30% with 2% Sell / 98% Buy. Typical hold times range from 63 to 88 days.

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