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Binance hacker dumps 130+ altcoins on EVM chains for $279M

Binance hacker dumps 130+ altcoins on EVM chains for $279M

Three days after the October 29 breach of Binance hot wallets, the attacker is converting stolen tokens into more liquid assets. On EVM chains alone, the hacker has dumped more than 130 different altcoins, swapping them into ETH and USDC.



The sales brought in 123,400 ETH (about $277.26M) and 1.69M USDC, roughly $279M in total.


The tally covers EVM networks only, so the full volume across all chains is likely higher. Swapping long-tail tokens into ETH and stablecoins is a typical step before funds move through bridges and mixers, and it adds selling pressure on the affected altcoins.


The FBI has reportedly attributed the $6B+ Binance hack to North Korea's TraderTraitor group.