# Binance-Linked Attacker Converts 130-Plus Altcoins Into $279 Million in Crypto

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/45734
Published: 2026-11-01T07:14:00.000Z
Updated: 2026-11-01T07:14:00.000Z
Section: Investing

> The proceeds were 123,400 Ether, valued at $277.26 million, and $1.69 million in USD Coin.

Lookonchain’s on-chain monitoring linked the conversion of more than 130 altcoins on EVM chains to a Binance-linked attacker, with the assets received valued at about $279 million.

The tally lists 123,400 Ether (ETH), valued at $277.26 million, and $1.69 million in USD Coin (USDC). Ether made up nearly all of the combined value, while the USDC proceeds were valued at $1.69 million.

More than 130 altcoins were sold across EVM chains, while the assets received were Ether and USDC. The $279 million figure measures the stated value of the crypto proceeds, rather than a cash payment. The count describes the altcoins that changed hands; the dollar amount describes the two assets taken in.

Together, the figures capture a conversion from a broad group of tokens into ETH and USDC, with the value concentrated in Ether. The stated activity covers EVM chains and values the output assets in dollars. The tally separates the transaction into two measures: more than 130 altcoins sold and the dollar value of ETH and USDC received.