What the On-Chain Data Shows
On-chain analysts say wallets labeled as belonging to Binance saw about $5.643 billion in outflows by October 29, 2026, at 21:22 UTC. The figure comes from shared blockchain analysis, and it is not the same as a confirmed loss figure from the exchange. Binance has confirmed that a hack occurred, but it has not disclosed how much was taken. That gap matters. Outflows can include internal transfers, customer withdrawals, and other movements that are not necessarily stolen funds. The analysts said they excluded change transactions from the calculation. They also said later transfers and exchange transactions were not counted as duplicates.
How the Numbers Break Down
The reported outflows were split across several networks. Ethereum accounted for about $3.528 billion. Bitcoin accounted for $1.449 billion. Tron accounted for $628 million. Arbitrum, Optimism, and Base together made up roughly $38 million. Earlier reports had suggested Binance might be draining about $2.53 billion in assets across more than 60 tokens from its Ethereum hot wallet. The newer on-chain figure is larger, but it covers more than one chain and may include movements beyond the hack itself. A detailed list of stolen altcoins was referenced in the original post. The available material did not include the full list, so specific token names could not be verified here.
What Binance Has Confirmed
Binance confirmed the hack, according to the article. It has not published a total loss figure. That leaves room for interpretation. The $5.64 billion number is tied to labeled wallets and observed outflows, not necessarily to funds that are gone for good. In past exchange incidents, initial outflow estimates have shifted as more data arrived. Some outflows may be recovered, returned, or reclassified. Others may turn out to be unrelated to the breach. I think readers should treat the figure as a live estimate, not a final audit.
What Remains Unclear
The full asset list, the exact method of the attack, and Binance’s final accounting are still not public. The timing is also notable. The data was recorded as of October 29, 2026, which suggests the analysis is a snapshot rather than a settled total. For now, the reported $5.64 billion in outflows is the main number to watch. It is large enough to draw attention across crypto markets, but it is still an on-chain estimate. More details from Binance or independent investigators would help clarify what was stolen and what was merely moved. This is not investment advice.
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