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Ep. 153: Binance-linked wallets move $5.6B; prompts $620M in liquidations

RuntimeWire: Breaking tech news. Before everyone else.

Show Notes

On-chain trackers reported about $5.6 billion pulled from Binance-linked hot wallets across Ethereum, Bitcoin and Tron. Whale Alert and on-chain posts show large USDC and ETH transfers, and one account says roughly $60 million in stolen USDT was used on Aave V3 to borrow about 19,800 ETH before stablecoin freezes. The moves sparked a market selloff that led to roughly $620 million in liquidations while Binance says user funds are safe and is investigating.

Read the full story: https://runtimewire.com/article/binance-linked-wallets-move-2-77b-as-hack-fears-hit-crypto-markets

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