Security· ★★★· bearish·

Shiba Inu veteran: Binance hacker holds 500B SHIB worth $2.3M

  • —Hacker holds 499.9B SHIB, or 0.05% of supply, worth about $2.25M
  • —Address 0x5227...2f8c is tagged Exploit and Heist on Etherscan with no prior history
  • —The wallet also holds USDT, USDC and ETH swept from Binance-labeled addresses
  • —Binance puts total hack impact at $6.3B, with about $3B frozen on-chain so far
Why it matters: The fate of 500B SHIB on the hacker's wallet is uncertain, and any sale could add selling pressure on the token.
#SHIB#BNB
Source: U.Today
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