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Ethereum's 195,000 ETH Problem: The Binance Hacker Holds Coins No One Can Freeze

Crypto Daily·October 30, 2026·1 min read
Ethereum's 195,000 ETH Problem: The Binance Hacker Holds Coins No One Can Freeze

A suspected Binance hack left one wallet holding over $440 million in Ether that no issuer can freeze. Traders are watching support near $1,940 if the coins start moving. The incident raises concerns about the security of exchange-held assets and the potential market impact of a large ETH sell-off.

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