Binance says it has now covered 90% of hacked losses, up from about 80%, after setting aside over $6.34B in company funds. BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC are fully backed; the remaining 10% involves less liquid tokens being sourced via market and OTC channels. Replenishment draws on SAFU, part of the Futures insurance fund, and corporate treasury. A new Proof of Reserves snapshot was taken, with full zero-knowledge proof expected by Tuesday, and SAFU will be restored to roughly $1B.

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.
235 accounts

23 reports
first post
Leviathan +45.9 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.
−1.3% 24h after post

$707.96 → $698.53
BTC −2.7% same window

Thread · 8 of 24 events · 1 mitigation · last update 31 Oct 19:12
  1. First reportCZ says Binance users’ funds are safe and affected balances will be covered4 acc.
  2. UpdateBinance says user funds are safe after a major hack, with stolen funds frozen34 acc.
  3. UpdateBinance expects to resume withdrawals within 48 hours after its security incident26 acc.
  4. MitigationSynapse and Lisk advise liquidity providers to withdraw amid Binance incident2 acc.
  5. UpdateBinance is reportedly helping the FBI and Secret Service after a $6.3 billion crypto heist38 acc.
  6. UpdateBinance reportedly recovers 90% of assets stolen in a hack28 acc.
  7. UpdateBinance says withdrawals remain on track to reopen Sunday after hack9 acc.
  8. Leviathan published this article
  9. UpdateBinance says it has covered losses from a reported $6.3B theft2 acc.

All times UTC.

Cited posts

  • @CoinvoOn X ↗

    JUST IN: CZ says user funds are safe.

  • @AlexLee_NFT AlexLeeOn X ↗

    User funds are safe according to CZ. https://t.co/PxNHkCDPui

  • @meleemarkets MeleeOn X ↗

    UPDATE: CZ claims affected user funds will be covered, despite not having control over the company https://t.co/VwaUegmHjR

Show 3 more cited posts
  • @Kalshi_Crypto Kalshi CryptoFirst reportOn X ↗

    BREAKING: Binance Founder CZ says "user funds are safe"

  • @DeItaone *Walter BloombergOn X ↗

    BINANCE ON HACK: WE REMAIN ON TRACK TO REOPEN WITHDRAWALS WITHIN OUR PREVIOUSLY STATED TIMEFRAME (ON SUNDAY, 2026-11-01)

  • @tonyGewrit tonyGewrit🟦On X ↗

    expecting 🔥 when binance resumes withdrawals.

229 more accounts posted about this · 11 Telegram channels (no public link)

TradersTrader calls tracked by Elfa · not advice

Positioning · BNB

Open491 open positions · 450 long · 41 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 31 Oct 13:46 UTC.

Reaction since the first post

Since 29 Oct 21:18 UTC30+ calls opened · 18 long · 12 short

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

Callers with a scored record

@luge517 long · entry $717.82alpha −0.179 · 54% hit rate · 41 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 24h15/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book96.8% long · 10,789 accounts

As of 31 Oct 19:05 UTC.

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

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