KT-13 · Binance: hack on Ethereum, recorded on Kadena

Registered . Status: open. 6,040 moves of the funds recorded on Kadena so far.

On October 28, 2026, at 18:51 UTC, reports began of a large outflow from Binance wallets, and Cointelegraph reported that Binance was investigating a potential multibillion-dollar hack. Reports put the total at about $5.8 billion, and the amount later reported rose to $6.3 billion. KadenaTrace's automatic trace shows $1,588.0 million moved out of the address 0x5227f603c1ee34ce3c06efe6477003bdfccb2f8c, with $1,357.2 million still held in traced wallets, and the funds were split across several wallets and swapped on Uniswap and other DEXs [KT-13 trace]. Tether froze $971.1 million USDT at that address, and Circle later froze more than $800 million in USDC. Investigators told Decrypt that the attacker group matches North Korea's TraderTraitor, and Chainalysis and TRM are cited as tying the hack to it. Binance has stated it holds $6.34 billion to cover losses

Traced from 0x5227f6…cb2f8c on Ethereum.

Part of Binance.

Reported at its source.

Recorded moves

  1. 0.0166 ETH to Swap on Ethereum (hop 4) transaction
  2. 0.0165 WETH to Swap on Ethereum (hop 4) transaction
  3. 37.1306 DAI to Swap on Ethereum (hop 4) transaction
  4. 0.0165 WETH to Swap on Ethereum (hop 4) transaction
  5. 0.0824 stETH to Swap on Ethereum (hop 4) transaction
  6. 965.6786 USDC to Swap on Ethereum (hop 4) transaction
  7. 0.4293 WETH to Swap on Ethereum (hop 4) transaction
  8. 0.4293 WETH to Swap on Ethereum (hop 4) transaction
  9. 965.6786 USDC to Swap on Ethereum (hop 4) transaction
  10. 965.6786 USDC to Swap on Ethereum (hop 4) transaction
  11. 0.4293 WETH to Swap on Ethereum (hop 4) transaction
  12. 965.6786 USDT to Swap on Ethereum (hop 4) transaction
  13. 0.4293 WETH to Swap on Ethereum (hop 4) transaction
  14. 0.4293 WETH to Swap on Ethereum (hop 4) transaction
  15. 965.6786 USDC to Swap on Ethereum (hop 4) transaction
  16. 297.6793 USDT to Swap on Ethereum (hop 5) transaction
  17. 297.6793 USDT to Swap on Ethereum (hop 5) transaction
  18. 297.6793 USDT to Swap on Ethereum (hop 5) transaction
  19. 245.6979 USDC to Swap on Ethereum (hop 3) transaction
  20. 120.0601 USDC to Swap on Ethereum (hop 3) transaction
  21. 42.0198 USDC to Swap on Ethereum (hop 3) transaction
  22. 85.4993 USDC to Swap on Ethereum (hop 3) transaction
  23. 1,003.8367 USDC to Swap on Ethereum (hop 3) transaction
  24. 1,370.3938 USDC to Swap on Ethereum (hop 3) transaction
  25. 102.9064 USDT to Swap on Ethereum (hop 3) transaction

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