Arcus hackers have begun transferring stolen funds; 100 ETH have already been transferred to Binance.

A large transaction occurred in the Bitcoin USDT contract on Binance at 13:56, with 10,296 Bitcoins traded in a short period, amounting to $698 million, which is suspected to be a whale liquidating its position.

Address 0x4ce…ee4a7 has withdrawn a total of 25,500 ETH from Binance since September 21, worth $60.74 million, with an average withdrawal price of $2,382.26. The address is currently in a state of unrealized loss, with a loss of $11.34 million. The profit of over $3.66 million generated from a previous buy-low-sell-high transaction has been completely wiped out.

The price of Bitcoin fell to $68,000, and its market value shrank by more than $60 billion in a single day to $1.37 trillion, a new low in nearly three months. Over the past six weeks, Bitcoin's market capitalization has evaporated by approximately $370 billion, a 21% decrease since the beginning of October.

Three Hyperliquid traders held a total of $19.66 million in short Bitcoin positions, with leverage ratios ranging from 10x to 25x. One trader has a history of losses of $24.86 million, while the other has a history of profits of $17.08 million. (Onchain Lens)

Arcus hackers began transferring stolen funds, with the attacker address 0xefb…0b3dd transferring a total of 150 ETH. Of these, 100 ETH were transferred to address 0x7546…9f2633 and then to Binance Hot Wallet approximately 4 minutes later. Another 50 ETH were transferred to address 0xa91f…33a3e2, which used a relay to exchange the ETH for BTC. These 50 ETH remain in this address. As of now, the attacker's address 0xefb…0b3dd still holds approximately 325.06 ETH.