Funds from Binance hacker split across 19 wallets, all still idle
A CoinDesk blockchain trace shows the bitcoin taken in the Binance hack, worth about $1.4 billion, is now spread over 19 wallets. None of those wallets has sent any coins since Thursday night, and 17 of them hold exactly 1,000 BTC each. Traders may watch this closely because the coins could be moved onto the market at any time.
Why it matters
- About $1.4 billion in bitcoin is now split across 19 wallets.
- None of the wallets has moved its coins since Thursday night.
- Splitting funds this way may make them harder to freeze, adding uncertainty.
What to watch next
Watch for any outgoing transfers from these 19 wallets, since a move could signal coins heading to exchanges.
