Binance estimates the incident's total impact at around $6.3 billion, with roughly $3 billion in affected assets already frozen on-chain in cooperation with blockchain partners. The company says it found no evidence of any wallet private key leak and will cover all losses through its SAFU fund and company funds, with user funds described as safe. As precautions, Binance has temporarily suspended deposits and withdrawals, revoked the affected address authorization, and engaged law enforcement and blockchain intelligence partners. An updated Proof of Reserves and a detailed technical post-mortem will follow once remediation and verification are complete.

AI summary of the linked source — not editorial content.

Story signal · how it spread on X · via Elfa

as of
Spread
i
Distinct X and Telegram accounts Elfa counted behind this story’s reports, summed over the thread. Not posts, not impressions.
305 accounts

first post
Leviathan +6.5 h later

BNB reaction
i
Price change from the first post to 24 hours later (Hyperliquid). BTC over the same window is shown so a market-wide move is not mistaken for a reaction to this story. Not advice.
+2.2% 24h after post

$695.98 → $711.41
BTC −1.7% same window

Thread · 8 of 19 events · 2 mitigation · last update 30 Oct 02:24
  1. First reportUnconfirmed report says a Binance wallet was drained into a new address38 acc.
  2. UpdatePosts claim Binance was hacked for billions in crypto assets88 acc.
  3. ReactionEthena flags a potential security incident involving Binance52 acc.
  4. UpdateRipple freezes about $200 million linked to the Binance hack8 acc.
  5. MitigationPaxos freezes 1,906.67 PAXG linked to Binance security incident3 acc.
  6. UpdateReports suspect North Korea’s Lazarus Group was behind the Binance security incident8 acc.
  7. MitigationBinance 14 revokes EIP-7702 delegation after a 2,961 ETH transfer was left at risk4 acc.
  8. UpdateBinance says compromised DevOps laptop caused breach, with no evidence of wallet-key leak71 acc.
  9. Leviathan published this article

All times UTC.

Cited posts

  • @spreekaway SpreekFirst reportOn X ↗

    Unconfirmed, but possibly massive binance hack. Entire Binance wallet drained into new EOA. Contract call was funded by Tornado Cash

  • @credo__v CredoOn X ↗

    *UNCONFIRMED, BUT POSSIBLY MASSIVE BINANCE HACK. ENTIRE BINANCE WALLET DRAINED INTO NEW EOA. CONTRACT CALL WAS FUNDED BY TORNADO CASH - @spreekaway

  • @0xD0M_ DominicOn X ↗

    Unconfirmed, but possibly massive binance hack. Entire Binance wallet drained into new EOA. Contract call was funded by Tornado Cash@cz_binance are we safe ?

Show 3 more cited posts
  • @shoaib_szn SHOAIB UDDINOn X ↗

    🚨 BREAKING: multiple reports that a Binance hack is ongoing. An entire Binance wallet was drained into a new EOA after a contract call funded by Tornado Cash.

  • @Vlad_Web3 vladOn X ↗

    🚨BREAKING: possibly massive Binance hack unconfirmed, but a binance hot wallet looks drained into a new EOA ~$2.71B now sits there: 195,469 ETH (~$452M) $1.75B in 63 tokens the contract call was reportedly funded by Tornado Cash +1,409 BTC ($113M) just left binance for an…

  • @tradfi tradfi newsOn X ↗

    *BINANCE: BREACH STEMMED FROM COMPROMISED DEVOPS LAPTOP, SERVICE CONTAINER *BINANCE SAYS NO EVIDENCE OF WALLET PRIVATE KEY LEAK

299 more accounts posted about this · 17 Telegram channels (no public link)

TradersTrader calls tracked by Elfa · not advice

Positioning · BNB

Open467 open positions · 439 long · 28 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 30 Oct 03:04 UTC.

Reaction since the first post

Since 29 Oct 20:32 UTC30+ calls opened · 22 long · 8 short

Ongoing flow, not necessarily a reaction: Elfa returns at most 30 calls, so this count is a floor.

Callers with a scored record

@astronomer_zero long · entry $716.88alpha +0.039 · 53% hit rate · 55 scored
@vajolleratzii short · entry $704.27alpha −0.018 · 50% hit rate · 22 scored

Alpha, hit rate and sample size exactly as Elfa reports them.

Whole crypto market, not this story

Crowding0th percentile · vs last 28 days, 50 typical
Pulse 24h98/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book97.0% long · 10,746 accounts

As of 30 Oct 03:00 UTC.

Social-monitoring data, not investment advice Elfa prices Hyperliquid post text from Xas of

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