Wallet Tied to Binance Hack Moves $46M in SOL to Unknown Address
Photo: TheCoinrise
One report says the funds were swapped into Bitcoin through the Relay protocol, though full transaction details remain unsettled. Blockchain trackers have flagged a large transfer of Solana tokens from a wallet long associated with a Binance security breach. The wallet moved 485,270 SOL, valued at approximately $46 million, to an address that has not been publicly identified. The movement was picked up by on-chain analysts shortly after it occurred. One account of the transfer states that the funds did not simply sit in a new wallet.
Source: TheCoinrise
