Trackers report $1.23 million moved from Binance to Bitget hacker wallet
Blockchain tracking services and crypto outlets reported that a wallet withdrew funds from Binance, swapped tether for ether, and transferred 457.9 ETH valued at roughly $1.23 million to an address tied to the Bitget hacker.
On-chain analytics account Lookonchain reported that an address seemingly connected to the Bitget hacker withdrew $1.23 million from Binance. According to Lookonchain, wallet 0x4885 withdrew 257.6 ETH, worth around $692,000, and 545,000 USDT from Binance about 11 hours before its post. The wallet then exchanged the 545,000 USDT for 200.2 ETH and transferred the full amount of 457.9 ETH to the Bitget hacker's wallet an hour prior to the report.[3]
Citing Arkham explorer data, crypto.news also reported that a wallet pulled 257.6 ETH and 545,000 USDT from Binance, converted the stablecoins into 200.2 ETH, and dispatched all 457.9 ETH to a wallet associated with the Bitget hacker. Crypto Briefing separately noted that $1.23 million linked to the Bitget hacker was withdrawn from Binance and routed to an attacker-controlled wallet.[1][2]
Key facts
- Lookonchain reported that wallet 0x4885 withdrew 257.6 ETH ($692,000) and 545,000 USDT from Binance.
- The wallet converted 545,000 USDT into 200.2 ETH, according to Lookonchain and Arkham explorer data cited by crypto.news.
- A combined total of 457.9 ETH, valued at approximately $1.23 million, was transferred to a wallet associated with the Bitget hacker.
Sources · 3 sources
- CN
crypto.news@cryptodotnewsPost on X ·
BREAKING: $1.23M in crypto linked to the Bitget hack withdrawn from Binance According to ARKHAM explorer, a wallet withdrew 257.6 $ETH and 545,000 $USDT, swapped the stablecoins for another 200.2 $ETH, then sent all 457.9 $ETH to a wallet associated with the Bitget hacker. https://t.co/UGGSRgzJRd
Open source - CB
Crypto BriefingArticle ·
Bitget hacker withdraws $1.23M from Binance, funnels funds to attacker-controlled wallet The Bitget hack highlights vulnerabilities in crypto exchanges, prompting urgent calls for enhanced security measures and international cooperation. The post Bitget hacker withdraws $1.23M from Binance, funnels funds to attacker-controlled wallet appeared first on Crypto Briefing .
Open source - LO
Lookonchain@lookonchainPost on X ·
It looks like the #Bitget hacker withdrew $1.23M from #Binance 11 hours ago. Wallet 0x4885 withdrew 257.6 $ETH ($692K) and 545K $USDT from #Binance, then swapped the 545K $USDT for 200.2 $ETH. It then transferred all 457.9 $ETH ($1.23M) to the #Bitget hacker's wallet an hour ago. https://t.co/Y75MnAYuax
Open source