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8,567 SOL from Binance hack sent to Solana privacy mixer to launder funds worth $798K

Market News
03 Nov 2026, 19:59 WIB
Crypto Briefing
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Bearish
8,567 SOL from Binance hack sent to Solana privacy mixer to launder funds worth $798K

A wallet linked to the October 29 Binance hot-wallet hack transferred 8,567 SOL, valued at about $798,000, into Privacy Cash, a Solana-based privacy mixer. This move is part of a laundering effort to obscure the stolen funds' origin, as mixers break the on-chain link between deposits and withdrawals. The ongoing laundering operation follows typical patterns seen after major hacks, involving splitting, swapping, and mixing stolen assets. Authorities and analytics firms are monitoring these transactions closely to potentially freeze funds if they appear on exchanges, while Privacy Cash faces increased scrutiny amid regulatory concerns.

The Binance hacker's recent movement of $798K in SOL into a privacy mixer sets the stage for this market snapshot. For readers following cryptocurrency markets, here is Pluang's data as of Nov 04, 2026 01:03 WIB: Among 50 major cryptocurrencies tradable on Pluang, 37 rose and 12 fell today. Notable movers include AVAX at Rp155.008 with a 1-day change of +2.36% and a typical hold time of 88 days, FIL at Rp15.900 up 2.22% with a 100-day hold time, and ENJ priced at Rp436 rising 2.19% but with 100% sell order activity.

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