The Binance hacker is converting approximately stolen 970000 tokens SOL into BTC
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AT A GLANCE
PANews, citing monitoring data, reported that the hacker behind the Binance theft is converting approximately 970000 tokens SOL into BTC。
Article
The Binance hacker is converting approximately stolen 970000 tokens SOL into BTC
PANews November 1 According to reports, Lookonchain monitoring shows that the hacker behind the Binance theft is converting the stolen 970522 tokens SOL(approximately 95900000 USD) into BTC. Over the past 1 hours, the hacker has transferred 486970 tokens SOL(approximately 46400000 USD) and is converting Relay Protocol into SOL through BTC. Arkham data shows that the hacker address still holds approximately 483600 tokens SOL, valued at approximately 46140000 USD。
PANews said the information came from Lookonchain monitoring.
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Reports say that the hacker is converting the stolen 970522 tokens SOL(approximately 95900000 USD) into BTC。
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Reports say that, over the past 1 hours, the hacker has transferred 486970 tokens SOL(approximately 46400000 USD）。
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Reports say that the hacker is converting Relay Protocol into SOL through BTC。
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Reports say that Arkham data shows the address still holds approximately 483600 tokens SOL, valued at approximately 46140000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This report states that an address associated with the Binance theft is transferring SOL and converting it into Relay Protocol using BTC; the report also states that the address still holds a substantial amount of SOL。
Why it matters to readers
If the monitoring is accurate, the stolen funds involved are still being moved and converted; subsequent transfers and the disposition of the remaining SOL warrant attention.
Beginners should treat this as third-party on-chain monitoring information, not as a final conclusion confirmed by Binance or law enforcement agencies; do not make trading decisions based solely on this report.
Risks and unknowns
The original article did not provide on-chain transaction hashes, so the transfers and conversions cannot be independently verified based on the available evidence alone.
The original article did not provide official confirmation from Binance, and ownership of the relevant address still requires verification.
The original article did not state whether the funds can be frozen or recovered, or whether they will continue to be moved.
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SOL
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