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THORChain's RUNE token jumps 15% amid Binance hack, raising laundering concerns.

Market News
31 Oct 2026, 00:00 WIB
AMBCrypto
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THORChain's RUNE token jumps 15% amid Binance hack, raising laundering concerns.

THORChain's native token RUNE surged over 15% despite a $160 billion market drop following Binance's $6.3 billion hack. The spike is linked to increased network activity as hackers allegedly used THORChain to launder stolen funds, including those from Binance and Bitget incidents. RUNE's daily trading volume rose by 393%, but the token faces resistance at $0.70, suggesting the rally may be temporary. Concerns remain over THORChain's role in laundering, as it did not freeze funds unlike other chains.

RUNE (THORChain) trades at Rp11.712 on Pluang, up 7.94% as of Oct 31, 2026 04:21 WIB. The token's 24-hour volume is Rp603,62M with a market cap of Rp3,83T. Buy orders dominate at 98%, and typical hold time is 48 days, showing strong investor interest despite recent network concerns.

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