Perpetrators behind an estimated $6.3 billion exploit on Binance continue to maintain control over billions in stolen funds. Centralized efforts to lock down the compromised capital were met with immediate resistance from the attackers.
Reports published on Oct 30, 2026, show that stablecoin providers Tether and Circle moved quickly to immobilize billions of dollars in assets. In response, the thieves rapidly swapped their stolen stablecoins into unfreezable cryptocurrencies to circumvent issuer blocklists.
The ongoing asset movement occurred as market benchmarks showed Bitcoin trading at $77,346.47 and Binance Coin at $709.75. Other tokens noted during the period included Ethereum at $2,247.24, Solana at $96.39, and Zcash at $1,278.30.
For traders actively holding perpetual futures positions, the race between token issuers and hackers creates no direct impact on holding costs, funding rates, or execution fees. Unless asset freezes alter underlying platform liquidity, existing open positions remain unaffected by these specific wallet-level interventions.
Source: cointelegraph — Binance hackers raced to move billions before it could be frozen