CryptMan retweeted
Yesterday about $4 billion had left Binance since withdrawals reopened.
Now it's $5.1 billion in 24 hours. And $14 billion over the past week.
The 9 next-biggest exchanges took in $507 million combined.
Do the math, guys. Close to 9 out of every 10 dollars skipped the competition entirely. On-chain trackers say most of it went to private wallets.
Picture a bank getting robbed. You'd expect customers to walk across the street to the bank next door. Instead they took their cash home and put it under the mattress.
So far the biggest winner of this hack is self-custody.
Binance still holds $127.6 billion, more than 4x OKX. And its full proof of reserves lands tomorrow, the same day as the midterms.
Does this money walk back once the proof checks out, right? Or is self-custody about to have its moment?
CryptMan retweeted
All the shills got the call.
Pure desperation.
Biggest scam in crypto
hot take, I think keeping your crypto on @binance is the safest place you can keep them on (safer then ledger, phantom, iphone, etc)
if your cold wallet gets compromised, no one is here to refund you
but on the other hand, binance got hacked and all users were refunded (some got extra $$ too)
binance is a billion dollar exchange and will never go down
Good work to the team @cz_binance @_RichardTeng @heyibinance
#IStandWithBinance💛
CryptMan retweeted
BREAKING: Public companies Strive and Strategy bought a combined 934 Bitcoin worth $72.6 million.
Strategy: 810 BTC
Strive: 124 BTC
CryptMan retweeted
> $129b in assets
> $93b in bnb, $36b left
> 6b withdrawn in past 24 hours
> 4b paid to usa to release cz
> 6b hacked and gone
> 36-6-4-6 = 20
> probably half of that is shitcoins
> who knows
> are you in the mood for a 4 years ftx style bankruptcy proceeding to get money back?
Most of Binance's "wealth" is tied up in BNB, which I suspect is largely propped up by wash trading, with what little organic demand exists coming from people using it to get discounts on trading fees.
Nobody will use Binance after this debacle, the little organic demand BNB had will go to zero.
Binance can't liquidate its massive BNB holdings anywhere near the quoted market price without crashing it.
They don't have nearly as much money as you think they do.
CryptMan retweeted
Binance's 24-hour net outflows have now exceeded the $6.3 billion hack by 7.3%.
$6.76 billion in net outflows over the last 24 hours alone.
That's 5.25% of their total assets WITHDRAWN, in less than a day.
And they've only confirmed withdrawals reopened for 21 of their 552 listed assets, ~3.8%.
Imagine what happens when they fully reopen withdrawals.
If you have any money in Binance, get out, now.
You have been warned.
CryptMan retweeted
Binance is broke because @HyperliquidX took all their perps business.
Everyone got sick of the criminal liquidations, which were basically Binance's main revenue driver. They made a good 300 billion that way. HyperLiquid was the natural reaction
I mean ya the altcoin trading volume is dead over there and they withdrawal halt everything. Everyone is afraid to leverage trade with #binance because even if the DEX price is stable, binance will cancel all the bids or asks just to trigger stop losses.
CryptMan retweeted
The funniest part of the Binance hack is CZ pretending he doesn’t run Binance anymore
It’s okay brother
We know
CryptMan retweeted
Still no withdrawals enabled for $HYPE on @binance despite being one of the largest market cap coins & one of the most active.
It's clear CZ plays dirty any chance he gets against competitors (not that Binance can compete anymore).
For too long they have made their money scamming the industry, it's coming to an end, don't get caught during their collapse.
Remember to withdraw all your assets, custody them yourself. Crypto was made to be on chain.
CryptMan retweeted
JUST IN: Over $3.75B withdrawn from Binance after withdrawals resume
THE TRUST IS LEAVING
CryptMan retweeted
As I stated the $3.8 billion withdrawal is the entire USD1 supply leaving the exchange from TRUMPS STABLE COIN 🚨👀👀.
October 22nd 2026 Both BINANCE and TRUMP were hit with a lawsuit OCT 29th Hack occurs . FBI predetermined conclusion in 2 days . When BYBIT hack for $388 MILLION took weeks by FBI .
Binance holds 87% of USD1 belonging to (TRUMP FAMILY) some of those withdrawals may include USD1. TRUMP has LAWSUIT The Trump coin is the canary in the coal mine.
Binance had to fake the hack and why the FBI (Trump's DOJ) rushed to blame North Korea in 48 hours is to protect USD1.
USD1 has depegged to 0.998 on the exact day $3.8B was drained.
BYBIT took WEEKS for $388 Million to be investigated, BINANCE hack of $6 BILLION took 2 days that means the conclusion by FBI was predetermined …
CryptMan retweeted
Binance 🚨🚨is balance sheet restructuring & trying to stop a bank run that was likely already forming due to their internal bad debts or fractional reserve practices. . Binance is facing a massive liquidity crisis (maybe due to bad loans, FTX-style internal trading desk losses, or regulatory freezes). They need to lock up $6.3 billion in user funds without admitting insolvency. 🚨
They engineered a "hack" using the EIP-7702 vector. They move the funds to wallets they control. They freeze $3B of it (to stop the bank run on their own exchange) and let $3.3B "escape" into dormant BTC wallets and Uniswap swaps (which are likely wash trades back to their own market makers). They crash the market 4-5% to liquidate short positions and scoop up cheap assets.
🚨
Look at the forensic breakdown of the attack. In the span of 20 minutes, the attacker drained funds across ten different blockchains, including Bitcoin, Ethereum, Tron, Solana, XRP, Optimism, and Avalanche.
🚨
These blockchains do not share the same cryptographic curves or key types. Bitcoin uses ECDSA (secp256k1). Solana uses Ed25519. XRP uses its own variant of ECDSA. A single compromised laptop does not possess the magical ability to sign valid transactions across ten fundamentally different cryptographic architectures in 20 minutes. As TRM Labs explicitly noted in the forensic data, a single phished Ethereum authorization cannot explain Bitcoin, Tron, XRP Ledger, Solana, and layer-2 transfers all occurring simultaneously
🚨
If a real hacker compromised their laptop, they would have to navigate Binance’s internal infrastructure to access 10 separate, isolated hot-wallet signing services, bypassing hardware security modules and multisig requirements for each individual chain. That takes hours or days of lateral movement, not 20 minutes.
🚨
The only entity capable of executing simultaneous, validly signed withdrawals across ten different chains in 20 minutes is the exchange’s own internal automated withdrawal engine
—🚨
According to the on-chain data, the attacker took 325 million USDT and swapped it for Ethereum on UniswapX at a 10 percent discount, paying a massive premium for speed.
Professional market makers absorbed that trade. Why would an external hacker take a 10 % haircut on an irreversible, unsanctioned swap when they control the wallet? They wouldn't.⚠️⚠️🚨
Furthermore, the Bitcoin stolen was split into exactly 1,000 BTC chunks across 17 new wallets and then sat completely dormant.
🚨
It was not laundered. It was not moved to a mixer. It was organized into clean, institutional-sized blocks and parked. Hackers do not park stolen funds in neat, 1,000 BTC increments. Institutional custodians do this when they are restructuring balance sheets or moving funds to cold storage under their own control.🚨
The attacker even routed test transactions back to itself before the main sweep.
This is the behavior of an internal engineer testing a deployment script.🚨
—-
Binance is doing exactly what FTX did before its collapse, just with a more sophisticated smokescreen. They have halted withdrawals. They are promising to make users whole with money they do not have.
🚨
Within the next 30 to 60 days, Binance will slowly resume withdrawals for small retail users to maintain the illusion of solvency. Large institutional whales will find their accounts frozen indefinitely pending "investigation" into the hacked funds. The $3.3 billion in Bitcoin and Ethereum currently sitting in dormant wallets will not be recovered. It will be slowly commingled with other exchange flows over the next year to quietly plug Binance's internal holes.
🚨
You are watching a bank robbery designed to hide the fact that the largest exchange on earth is out of money.
-
kenhuangus.substack.com/p/ho…
nbcnews.com/business/markets…
CryptMan retweeted
Intercontinental Exchange (ICE) and trade[XYZ] have announced their plan to use Hyperliquid as the infrastructure layer to deploy perpetual futures markets for US traders across crypto, equities, commodities, foreign exchange, and other real-world assets, subject to regulatory approvals. ICE operates NYSE and some of the largest exchanges and clearing houses globally.
In this structure:
+ Hyperliquid serves as the underlying technology infrastructure via HIP-3*
+ trade[XYZ] designs and implements the markets
+ ICE operates the regulated market and clearing structure
Existing trade[XYZ] HIP-3 markets will remain unchanged.
Hyperliquid is a neutral infrastructure layer with the goal of supporting large parts of the financial system. As with HIP-3, HIP-3* deployers are independent operators who use Hyperliquid as the onchain infrastructure layer for their own markets, while retaining control and responsibility over their deployment.
trade[XYZ] and ICE, owner of the New York Stock Exchange, are joining forces to bring 24/7 perpetual futures on Hyperliquid to the United States.
In just over a year, our markets on Hyperliquid have surpassed $650 billion in volume. They provide continuous price discovery for stocks, indices, and commodities, and have become trusted reference points for retail and institutions alike when traditional markets are closed. Much of the world trades them. Until now, Americans could only watch.
We intend to change that. Subject to CFTC approval, trade[XYZ] and ICE plan to establish a new, dedicated U.S. market, with novel exchange and clearing infrastructure built on Hyperliquid. Planned contracts span equities, indices, commodities, FX, and crypto, with access through participating brokers and platforms. We’ll share more on products, eligibility, and timing as approvals progress.
ICE brings more than 25 years of experience operating regulated markets, clearing, and managing risk. trade[XYZ] brings the product development, market design, and technology behind the most liquid and robust markets on Hyperliquid.
Innovation and the protections of U.S. regulation shouldn’t be a trade-off. Together, we plan to prove it.
ICE is making a strategic investment in trade[XYZ] and joins us in building towards the future of Hyperliquid. A small group of market luminaries is joining as well, beginning with Stan Druckenmiller. For more than four decades, few investors have anticipated the great turns in markets as often as Stan. We’re proud to have him with us for the next one.
We’re building the U.S. market in parallel with our existing HIP-3 markets, which we’ll continue to expand and innovate on. We expect both to flourish. They each have a long road map ahead, from new asset classes to new ways to trade them.
To the Hyperliquid community, whether you were here before us or came because of us, thank you. You took a chance on new markets and you made them matter. You’ll forever be a part of this story.
Anything. Anytime. On ICE[XYZ].
CryptMan retweeted
This was proof of a fake hack. Coming around 👏
In the current circumstances, if I were CZ, I would not try to threaten Elon to dump 1bn$ of $SPCX shares in the market - these kinds of things never turned out well for those who did it
