Binance hacker routes $4 million into three Binance deposit addresses

Part of the loot from the October 29 hot wallet drain appears to be heading back to the exchange it was taken from, likely via third-party platforms The hacker behind the Binance hot wallet drain has deposited $4 million into three Binance deposit addresses. The funds likely arrived by way of third-party exchanges. The deposit is a small slice of a much larger theft. On October 29, 2026, attackers drained approximately $6.3 billion from Binance’s hot wallets across around ten blockchains. Hot wallets are the internet-connected wallets exchanges use to process day-to-day withdrawals. Following the money back to Binance The $4 million moved into three separate Binance deposit addresses. The route likely ran through third-party exchanges first, a common way to put distance between stolen coins and their origin. Public fund-flow reports have not yet offered further corroboration or context for the deposit. That leaves open questions about who controls the receiving addresses and what happens to the funds next. The move fits a broader laundering pattern investigators have been tracking. The attackers have been shifting non-freezable assets such as Bitcoin (BTC) and Ethereum (ETH) throug...