Analysis: The Binance hacker group accelerates the frequency of fund transfers, 120 million TRX has been transferred

Oct 31, 2026 09:27:39

According to monitoring by Onchain Lens, the Binance hacker group is repeatedly splitting funds into multiple wallets through automated transfers, then transferring them back to previous addresses and redistributing them to new addresses to conceal the flow of funds.

Recently, the group transferred 120 million TRX, worth approximately 38.78 million USD, and then conducted further distribution.

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