120 million TRX from the Binance hack moves to an unknown wallet

Funds tied to the record October 29 breach are on the move again, and TRX is proving much harder to claw back than stablecoins A wallet holding stolen funds from the Binance hack has moved 120 million TRX to an unknown address, according to on-chain tracker Whale Alert. What moved, and where it came from By October 30, blockchain forensic firms had flagged specific Tron addresses controlled by the attackers, each holding exactly 120 million TRX. Another wallet in the same cluster reportedly held about 158.2 million TRX. Smaller transfers kept trickling out of other addresses linked to the group after the attack. Investigators describe those smaller movements as consistent with peel-chain transfers. Each slice is small enough to look unremarkable. Together, they make the original sum harder to follow and easier to cash out in pieces. The breach behind the money The original attack hit Binance on October 29, 2026. Roughly $6.3 billion in digital assets was drained from the exchange’s hot wallets across about ten blockchains. The whole thing took around 20 minutes. Tron was one of the hardest-hit networks. Attackers pulled 612.7 million USDT and 46.4 million TRX out of Binance’s hot w...