Whale Alert: 57,891 ETH worth $132.6M moved from Binance hack address
- —57,891 ETH, about $132.6 million, moved in a single transfer
- —Funds originated from a wallet linked to the 2026 Binance hack
- —The receiving wallet has not been identified
- —No trading volume data was disclosed for the transfer
Why it matters: Movement of stolen funds raises the risk of fresh ETH selling pressure and draws regulatory scrutiny to laundering flows.
Source: Coinfomania