Address linked to Binance hot wallet incident borrows 19,762 ETH from Aave

Address linked to Binance hot wallet incident borrows 19,762 ETH from Aave

N
News Editor
2026-10-29 22:26:02
Odysseus monitoring data shows that an address tagged as "Binance Hot Wallet Exploiter 3," which is linked to a suspected Binance hot wallet theft incident, deposited about 60 million USDT into Aave and borrowed 19,762 ETH worth roughly $44.7 million. The address began approving and depositing USDT into Aave V3 at 04:57 Beijing time on Oct. 30, then borrowed ETH in two transactions. It later transferred a total of 23,314.5 ETH to another address associated with the theft. The update was reported by Odaily.

According to Odaily, monitoring by Odysseus shows that an address tagged as "Binance Hot Wallet Exploiter 3," linked to a suspected Binance hot wallet theft incident, deposited about 60 million USDT into Aave and borrowed 19,762 ETH worth about $44.7 million.

The address started approving and depositing USDT into Aave V3 at 04:57 Beijing time on Oct. 30. It then borrowed ETH in two transactions and later transferred a total of 23,314.5 ETH to another address associated with the theft.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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