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Analysis: Binance is replenishing stolen altcoins, potentially buying tokens such as XRP, SOL, UNI, etc.

Oct 30, 20:17

October 30 - According to Binance CEO Yi He, Binance is purchasing altcoins that fully match the stolen assets through OTC and on-exchange buys to complete the Proof of Reserves (PoR), and will update on progress after the purchases are completed.

Based on this statement and the disclosed records of stolen assets, including 233.46 million XRP, approximately $296 million; 970,500 SOL, approximately $96 million; and 46.4 million TRX, approximately $16 million.

In addition, the hacker has dumped a total of 7 types of tokens—UNI, ENA, PEPE, LINK, AAVE, ONDO, and WLD—and converted them into 70,480 ETH, with a total transaction value of approximately $158.25 million. Among them, the dump amounts for UNI, ENA, PEPE, and LINK were approximately $39.63 million, $33.93 million, $31.66 million, and $26.05 million, respectively.