Binance hacker transfers approximately $38.82 million in ETH to a new wallet, still holds about $1.12 billion in ETH.

BlockBeats news, October 30 - According to on-chain intelligence platform Arkham monitoring, an address associated with the "Binance Hacker" has just transferred approximately $38.82 million worth of ETH to a new wallet. Arkham also noted that whether these funds will flow to the mixing protocol Tornado Cash remains to be further observed.

Monitoring shows that after completing this transfer, the hacker address still holds approximately $1.12 billion worth of ETH on-chain. Arkham has opened a tracking entry for this address on its platform to facilitate continuous follow-up on subsequent fund movements.