Binance Hacker Moves Nearly 487,000 SOL Toward Bitcoin

Nearly 487,000 Solana (SOL), worth about $46.4 million, moved from wallets tied to the Binance hack toward Bitcoin (BTC) in one hour, roughly half of the 970,522 SOL pool.

The conversion pool totals 970,522 SOL, valued at about $95.9 million. The swap is being routed through Relay Protocol.

About 483,600 SOL, worth roughly $46.14 million, remained at the associated address. Subtracting the 486,970 SOL transfer from the stated total leaves 483,552 SOL, close to that rounded balance.

Those figures track stages of the same movement: the total SOL being converted, the transfer in the past hour and the balance left at the associated address. The transfer and rounded balance sum to about 970,570 SOL, close to the stated total after rounding.

Binance's hot-wallet attack took place Oct. 30. Binance said customer funds were safe after the attack. The movement shifts a large quantity of SOL linked to the incident toward BTC, with the conversion continuing through Relay Protocol.