Binance hack funds move 80 million XRP and nearly $100.9 million in value to unknown wallets
On 2 Nov 2026 two separate transactions moved 40 million XRP each from a wallet labeled “Binance Hack 2026” to different unknown addresses. The transfers were valued at roughly $50.46 million and $50.44 million, totalling about $100.9 million. Binance said it has replenished about 95% of the assets lost in the Oct. 29 breach and is restoring withdrawals for 15 blockchain networks, including XRP and Solana.
Why it matters
The movement of large stolen XRP amounts may increase market volatility and prompt regulatory scrutiny of exchange security, affecting traders holding XRP. Binance’s claim of 95% asset replenishment and phased withdrawal resumption signals that most user balances are restored, reducing immediate liquidity risk for XRP holders.
Key facts
- 1Two transactions on 2 Nov 2026 each moved 40 million XRP from the wallet tagged “Binance Hack 2026” to separate unknown addresses. u.today
- 2The first transaction occurred at 03:56 UTC and was valued at approximately $50.46 million. u.today
- 3The second transaction happened 50 seconds earlier and was valued at approximately $50.44 million. u.today
- 4Combined, the two transfers total 80 million XRP, worth about $100.9 million. bitcoinfoundation.org
- 5Binance announced that about 95% of the assets affected by the Oct. 29 hack have been replenished. u.today
- 6Withdrawals for 15 blockchain networks, including XRP Ledger and Solana, were scheduled to resume in phases on 1 Nov 2026. bitcoinfoundation.org
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.