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According to on-chain analyst Yu Jin's monitoring, the whale "wenyu8888888" bought the dip on UNI and PEPE after a hacker sell-off triggered market panic and a decline, making a profit of $270,000 in 5 hours.At around 7 AM, he spent 2.61 million USDC to purchase 29.79 billion PEPE and 208,000 UNI, transferring all these tokens to Gate 20 minutes ago (worth $2.88 million).

According to The Defiant, the cryptocurrency exchange CoinDCX announced the suspension of opening new futures positions due to issues related to liquidity providers.The exchange stated that deposit and withdrawal services remain available, and traders can still manage margins and close existing futures positions.

Security company GoPlus released a vulnerability analysis on social media, stating that the prediction market platform Polymarket's international site experienced a user asset theft incident. The RUM script from third-party performance monitoring service DebugBear was compromised by supply chain attacks, delivering malicious code to user pages and abusing their trading and signing permissions.On-chain analysis shows that the main path involved 710 DepositWallets and 731 addresses, with losses of approximately 2.71 million dollars; the number of addresses does not represent the actual number of users. Polymarket's official statement later indicated that the issue has been resolved and services have been restored, while also promising full compensation to affected traders, with the actual compensation progress to be based on subsequent official announcements.

According to Lookonchain monitoring, despite the market decline, whales continue to buy BTC.In the past 4 hours, 9 newly created wallets received a total of 1900 BTC from Galaxy Digital, valued at approximately 148 million dollars based on the price at that time.

Crypto KOL Crypto Brave (@cryptobraveHQ) analyzed that the loss from the Binance hack may be around 3 billion dollars, and Binance could earn back the stolen funds in less than a year.It cited estimates from third parties such as Forbes, stating that Binance's revenue for 2024 and 2025 is approximately between 16 billion to 17 billion dollars each year. Based on a profit margin of half (Coinbase's latest data is about 59%), the annual profit is around 8 billion to 8.5 billion dollars, making the 3 billion dollar loss roughly equivalent to more than half a year's profit.Based on the calculation of BNB destruction in 2025 being about 4.4 billion to 4.5 billion dollars, the 3 billion dollar loss is approximately equivalent to 8 to 9 months of destruction amount.

According to token unlocking data from the crypto asset data platform RootData, Folks Finance (FOLKS) will unlock approximately 910,000 tokens at 12:00 PM Beijing time on November 6, with a value of about 2.07 million USD.

According to BeInCrypto citing Coinbase's third-quarter SEC filing, Coinbase CEO Brian Armstrong, co-founder Fred Ehrsam, and president Emilie Choi have each established Rule 10b5-1 stock sale plans, collectively intending to sell up to approximately 13.6 million shares of COIN, valued at about $2.2 billion based on the closing price on October 29.Among them, Armstrong plans to sell up to approximately 8.17 million shares between November 16, 2026, and October 2027, with the related sales executed only when the stock price reaches the preset threshold, not yet completed.

According to the real-time display of "Customer Assets" on the Binance official homepage, the total assets of Binance customers are approximately $129.404 billion. Additionally, according to the information on the official page of Binance's proof of reserves, as of October 1, 2026, the reserve ratio of major assets is not less than 100%.Among them, the BTC reserve ratio is 100.35%, with a net account balance of 688,572.68 BTC and an on-chain wallet balance of 691,003.593 BTC; the ETH reserve ratio is 100.00%, with a net account balance of 3,799,136.43 ETH and an on-chain wallet balance of 3,799,139.752 ETH. The USDT reserve ratio is 103.88%, with a net account balance of approximately 32.028 billion and an on-chain wallet balance of approximately 33.271 billion; the USDC reserve ratio is 108.26%, with a net account balance of approximately 7.178 billion and an on-chain wallet balance of approximately 7.771 billion. The reserve ratios for BNB, SOL, and XRP are 100.47%, 100.00%, and 100.77%, respectively.Based on the current price, the total net balance is approximately $133.6 billion, and the total on-chain wallet balance is approximately $135.8 billion. Binance explains that the proof of reserves covers the custodial user assets, and the excess portion does not represent the total amount of the company's own assets; the "Customer Assets" on the official homepage is another display metric and is not the same summary table as the proof of reserves snapshot disclosed by asset type.

Binance released preliminary investigation results on its official X account, stating that the security incident may involve the laptop of a DevOps engineer being compromised. The attacker used this to access the service container and submitted unauthorized withdrawal transactions. Binance stated that there is currently no evidence of wallet private key leakage and will publish a detailed technical review after the investigation is complete and the facts are fully verified.Binance estimated the total impact of the incident to be approximately $6.3 billion. The platform has frozen related assets in collaboration with blockchain partners, with about $3 billion currently frozen on-chain. Binance stated that it will cover all losses through the SAFU fund and company funds, ensuring user fund safety, and will release updated proof of reserves after the resolution is complete.As an immediate measure, Binance has suspended deposits and withdrawals until security checks are completed, revoked the authorization of affected addresses, and has contacted law enforcement and blockchain intelligence partners to track and recover funds. Binance stated that the team is working with law enforcement partners to confirm the identities of the relevant individuals and reminds users to obtain updates only through official channels.

According to Onchain Lens monitoring, the Binance hacker has begun selling STRK, increasing market selling pressure.The total unrealized profit of two Hyperliquid traders' STRK short positions is 4.46 million dollars, with one having an unrealized profit of 1.61 million dollars and the other having an unrealized profit of 2.85 million dollars.

On October 27, the Enforcement Directorate (ED) Bangalore branch conducted searches at three locations in Bangalore and one location in Madhya Pradesh under the Foreign Exchange Management Act (FEMA), investigating unauthorized cross-border cryptocurrency fund transfers involving amounts exceeding 50 billion rupees (approximately 525 million USD).The investigation involves platforms such as Mudrex, Saber.money, and Instadapp (associated with Fluid). The ED's preliminary investigation found that the entities in question are suspected of using offshore tax havens to set up shell companies, bypassing the cross-border remittance channels authorized by the Reserve Bank of India (RBI) through stablecoins (especially USDT, USDC) and large-scale over-the-counter transactions.Among them, the relevant entities conducted cryptocurrency trading through offshore exchanges such as Binance, Bybit, and Huobi, and transferred funds abroad. The ED's preliminary investigation found that the amount allegedly violated by the entities related to Instadapp is approximately 40 million USD.

According to on-chain analyst Specter, First Digital has blacklisted the attacker address holding approximately 3.4 million FDUSD.

Sumitomo Mitsui Financial Group will invest approximately 5% in the joint venture SBI Startale Marketing, a collaboration between SBI Holdings and Startale Group, with the related investment to be completed soon. Sumitomo Mitsui FG and SBI are developing capital business partnerships, intending to leverage their customer base to develop financial services using the yen stablecoin JPYSC for asset management and payment scenarios.The joint venture is responsible for the planning of JPYSC applications and the development of blockchain financial products. After Sumitomo Mitsui FG's participation, the circulation and usage will further expand. JPYSC is issued by SBI Shinsei Trust Bank, with SBI VC Trade responsible for its circulation. It is a trust-type yen stablecoin that started offering on June 24, with an issuance balance of approximately 20.8 billion yen. Sumitomo Mitsui Bank has about 24 million individual customers and may consider using JPYSC for blockchain financial product settlements and instant settlements in the future.Sumitomo Mitsui Bank is also advancing the joint issuance of stablecoins with Mitsubishi UFJ, Mizuho, and others, and has announced empirical experiments to confirm the feasibility of the joint issuance model.

According to on-chain analyst Ai Yi's monitoring, the hacker-associated address of the Web3 social platform UXLINK opened a long position of 30,282.4 ETH on the decentralized perpetual contract platform Hyperliquid, with unrealized profits reaching 7.422 million USD earlier this morning.The monitoring indicates that the Binance hacking incident has put pressure on ETH, causing the unrealized profits of this long position to narrow to 2.45 million USD, with nearly 5 million USD in potential profits being given back.

According to Lookonchain monitoring, after the Binance hacking incident, trader 0x8add shorted 22,047 ETH (48.89 million USD) and 620.7 BTC (47.89 million USD) at the highest leverage, currently realizing a floating profit of 2.29 million USD.

The Binance attacker has completed the sale of 7 tokens including UNI, ENA, PEPE, LINK, AAVE, ONDO, and WLD, exchanging a total of 70,480 ETH, worth approximately 158.25 million USD.Among them, 7.02 million UNI were sold, worth 39.63 million USD; 217.5 million ENA, worth 33.93 million USD; 7.77 trillion PEPE, worth 31.66 million USD; 2.57 million LINK, worth 26.05 million USD; 127,953 AAVE, worth 14.27 million USD; 21.85 million ONDO, worth 6.62 million USD; and 17.32 million WLD, worth 6.09 million USD.

During the attack on Binance, arbitrage opportunities appeared on-chain. A community user reviewed that the attacker, in order to avoid Tether's freeze, exchanged a large amount of USDT for ETH through DEX, causing the price of ETH on Uniswap to rise to between $2560 and $2750, with some transactions exceeding $3000, while the ETH price obtained through Chainlink oracles on Aave remained between $2250 and $2290, resulting in a price difference of 15% to 30% between on-chain and oracle prices, lasting nearly an hour.Arbitrageurs took advantage of this price difference by depositing USDC/USDT as collateral on Aave, borrowing ETH at the oracle price, and then selling it at a high price on DEX. After the price difference narrowed, they bought back ETH to repay the loan. According to the user's statistics, within 6 hours after the incident, a total of 61 addresses borrowed ETH on the Aave mainnet (excluding hacker addresses), with the address that profited the most selling 12,289 ETH at an average price of about $2580, and then buying back 12,314 ETH at an average price of about $2297, making a profit of about $3.47 million. The top ten arbitrage addresses collectively made a profit of about $6.36 million.The user stated that the arbitrageurs exploited the price disconnection between centralized exchanges and DEX, and there was no vulnerability in the Aave contract itself. As DEX prices fell and Aave froze the mainnet V3 market, the arbitrage window gradually closed. The aforementioned profits are based on on-chain statistics and have not yet deducted Gas fees.

As the market lowers its bets on the Federal Reserve's interest rate hikes, the prices of federal funds futures have risen, and the market's pricing probability for a rate hike in December by the Federal Reserve has dropped to about 70%.

Binance updated that the current total verified frozen amount is approximately 3 billion USD. The team is continuing to collaborate with law enforcement, issuers, on-chain intelligence agencies, and industry partners to track and freeze more assets, and stated that only confirmed data will be published. Previously, the official announcement stated that the verified frozen amount was 2.54 billion USD.