{"id":245790,"date":"2026-10-30T12:38:43","date_gmt":"2026-10-30T12:38:43","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=245790"},"modified":"2026-10-30T12:38:43","modified_gmt":"2026-10-30T12:38:43","slug":"binance-hackers-first-300m-was-in-xrp-and-all-233m-coins-are-sitting-in-one-wallet-nobody-can-freeze-what-it-means-for-xrp","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=245790","title":{"rendered":"Binance Hacker\u2019s First $300M Was In XRP and All 233M Coins Are Sitting in One Wallet Nobody Can Freeze: What It Means for XRP"},"content":{"rendered":"

XRP news turned to the Binance hack on Friday after Arkham<\/a> said the hacker\u2019s first $300 million came out in XRP, and the ledger shows all 233.46 million XRP still sitting untouched in one wallet that nobody can freeze.<\/p>\n

The XRP drain was the opening move of the $6.36 billion theft. Five Binance accounts emptied into a brand-new address in four minutes on Thursday evening, a few minutes before the attacker hit Solana, TRON, Bitcoin and Ethereum.<\/p>\n

That stash, worth about $292 million at today\u2019s $1.25 price, is now the biggest open question for XRP holders. It equals roughly 7.6% of a full day\u2019s XRP trading volume, and if the attacker tries to cash it out, the selling lands on XRP\u2019s order books.<\/p>\n

The Binance Hacker drained $6.3B in total from Binance.<\/p>\n

First $300M on XRP, and $6B across 141 transfers on nine chains, between 20:10 and 23:05 UTC. <\/p>\n

$4.90B of it arrived in the first 14 minutes, with $2.53B drained in a single transaction \u2013 the hacker\u2019s largest movement. pic.twitter.com\/qQzjAtjQMc<\/a><\/p>\n

\u2014 Arkham (@arkham) October 30, 2026<\/a><\/p>\n\n

DISCOVER:<\/strong> Binance Loses $6.3 Billion in the Largest Crypto Theft Ever as Tether and Circle Freeze $2.6 Billion: What We Know About the Binance Hack, the North Korea Link and When Withdrawals Return<\/a><\/strong><\/p>\n

XRP News: What the XRP Ledger Shows About the Binance Hacker\u2019s Wallet<\/h2>\n

Arkham\u2019s breakdown puts the XRP first in line: $300 million on XRP, then $6 billion across 141 transfers on nine other chains between 20:10 and 23:05 UTC. Of that, $4.90 billion moved in the first 14 minutes, including a single $2.53 billion transaction.<\/p>\n

The XRP Ledger\u2019s own records fill in the detail. The receiving account, rK21t6\u2026gfzMx<\/a>, didn\u2019t exist until the first payment created it at 20:05 UTC. Four more Binance accounts followed, the last at 20:09:20 UTC:<\/p>\n

The XRP leg of the Binance hack, October 29, 2026, 20:05 to 20:09 UTC. Source: XRP Ledger.<\/p>\n

A few details stand out:<\/p>\n

One big hit, then sweeps.<\/strong> The first payment alone moved 185.02 million XRP, 79% of the total. The other four, between 8.66 million and 14.69 million XRP each, look like the attacker emptying smaller hot wallets.
\nA tell in the fees.<\/strong> Each of the five payments paid a 0.006 XRP fee, far above the ledger\u2019s 0.00001 XRP minimum. Bitquery<\/a> noted the fee was higher than on Binance\u2019s own payments that day and used it, with the timing, to tie the XRP to the rest of the attack.
\nSpam followed right away.<\/strong> Within 30 seconds of each payment, a different address sent the wallet 0.00001 XRP, the dust pattern bots use to plant look-alike addresses in a wallet\u2019s history. Someone also sent an uncashed Check at 22:35 UTC.
\nNothing has left.<\/strong> As of Friday at 11:30 UTC, the wallet still held 233,461,943 XRP and had never sent a single transaction.<\/p>\n

The XRP wallet also stands apart from the rest of the haul. Arkham\u2019s \u201cBinance Hacker\u201d entity tracks 73 addresses holding $5.58 billion, mostly USDT, Bitcoin, ether and USDC, and XRP doesn\u2019t appear in it. Bitquery found the XRP Ledger account shares no address with the rest of the attack.<\/p>\n

Arkham\u2019s Binance Hacker entity on October 30, 2026. Source: Arkham.<\/p>\n

XRP News: Why the Stolen Coins Matter for Holders<\/h2>\n

The stolen XRP sits in a different position from most of the haul. Tether, Circle and other issuers can freeze their own tokens, and TRM Labs<\/a> counted about $2.7 billion in stablecoins frozen, including 40.5 million of Ripple\u2019s RLUSD. XRP itself is the ledger\u2019s native coin, and neither Ripple nor anyone else can freeze it or claw it back.<\/p>\n

So the 233.46 million XRP stays the hacker\u2019s to move. Here is how big it is next to the market:<\/p>\n

\n

Measure
\nValue<\/p>\n

Stolen XRP
\n233.46 million XRP<\/p>\n

Value at $1.25
\nAbout $292 million<\/p>\n

Share of circulating supply (63.35 billion)
\n0.37%<\/p>\n

Share of 24-hour global trading volume ($3.85 billion)
\nAbout 7.6%<\/p>\n<\/div>\n

A third of a percent of supply won\u2019t change XRP\u2019s long-term story. But $292 million sold in a few hours would be a heavy one-off seller for a market that trades about $3.85 billion a day. Exchanges and analytics firms are already watching the address, which makes a quick sale on a major venue unlikely.<\/p>\n

So far, XRP has taken the hack better than most large coins. Measured from the 20:00 UTC hourly open on Thursday, when the drain started, to 11:00 UTC on Friday:<\/p>\n

\n

Coin
\nDeepest drop
\nChange now<\/p>\n

XRP
\n\u22126.4%
\n\u22122.5%<\/p>\n

Solana
\n\u22127.5%
\n\u22123.0%<\/p>\n

Bitcoin
\n\u22125.4%
\n\u22124.0%<\/p>\n

Ether
\n\u22127.0%
\n\u22124.0%<\/p>\n

Dogecoin
\n\u22128.9%
\n\u22124.4%<\/p>\n

BNB
\n\u22128.7%
\n\u22125.8%<\/p>\n<\/div>\n

XRP fell from $1.2824 to $1.2233 within the hack hour, bottomed at $1.2002 just after midnight UTC, and has climbed back to about $1.25.<\/p>\n

DISCOVER: 15+ Best Crypto IPO to Watch in 2026<\/a><\/strong><\/p>\n

XRP Price Analysis: Below Both Averages Since Mid-October<\/h2>\n

The daily chart since early August shows the hack hit XRP when it was already weak. XRP has closed below its 50-day EMA ($1.3511) and its 200-day EMA ($1.3683) every day since October 12, and the 50-day crossed under the 200-day on October 22.<\/p>\n

August 2 to October 30, 2026: XRPUSDT 1D chart. Source:\u00a0TradingView<\/a><\/p>\n

The key levels:<\/p>\n

Resistance:<\/strong> $1.3444 is Tuesday\u2019s high, where XRP was rejected the day before the hack. Above that, $1.3992 is the October 21 high, just above both EMAs.
\nSupport:<\/strong> $1.2002 is Friday\u2019s low, XRP\u2019s lowest price since August. Below it, $1.0879 is the August 20 low, where the late-summer breakout began.<\/p>\n

Friday\u2019s long lower wick shows buyers stepped in at $1.20. The hacker\u2019s wallet is the wild card.<\/p>\n

\n

Path
\nWhat has to happen
\nNext stop<\/p>\n

Push higher<\/strong>
\nA daily close above $1.3444
\n$1.3992 and the two EMAs between $1.35 and $1.37<\/p>\n

Stall<\/strong>
\nXRP holds between $1.2002 and $1.3444 while the hacker\u2019s wallet stays quiet
\nRange trading around $1.25<\/p>\n

Slip<\/strong>
\nA daily close below $1.2002, or the stolen XRP starts moving to exchanges
\n$1.0879, the August 20 low<\/p>\n<\/div>\n

For XRP news over the next few days, the one address to watch is rK21t6\u2026gfzMx. As long as its 233.46 million XRP sits still, the hack\u2019s direct hit on XRP stays limited to Thursday\u2019s selloff.<\/p>\n

EXPLORE: Best Meme Coin ICOs to Invest in 2026<\/a><\/strong><\/p>\n

Follow 99Bitcoins on X<\/a> For the Latest Market Updates, and Subscribe on YouTube<\/a> For Daily Expert Market Analysis.<\/p>\n

The post Binance Hacker\u2019s First $300M Was In XRP and All 233M Coins Are Sitting in One Wallet Nobody Can Freeze: What It Means for XRP<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

XRP news turned to the Binance hack on Friday after Arkham said the hacker\u2019s first $300 million came out in XRP, and the ledger shows all 233.46 million XRP still sitting untouched in one wallet that nobody can freeze. The XRP drain was the opening move of the $6.36 billion theft. Five Binance accounts emptied […]<\/p>\n","protected":false},"author":0,"featured_media":245791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-245790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/245790"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=245790"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/245790\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/245791"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=245790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=245790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=245790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}