Binance Hacker Converts $SOL to BTC in Complex Transactions
A Binance hacker has moved stolen Solana funds into Bitcoin through a series of swaps, raising concerns about potential market impact.
A Binance hacker has moved stolen Solana funds into Bitcoin through a series of swaps, raising concerns about potential market impact. Bitcoin (BTC) is trading at ₹72,95,504 ($76,929.00), up 0.4% since this brief published. This is an original Token Times brief synthesising 2 outlets (Coinfomania, Crypto.news), plus live market data, as of Wed, 04 Nov 2026 04:15:02 UTC.
The movement of stolen funds between major cryptocurrencies could affect market dynamics and complicate tracking efforts by authorities. It also highlights the ongoing challenges of securing digital assets and the potential risks for investors.
- Binance hacker swaps $SOL for BTC in complex transactions.
- Solana market cap at $53.92B, down 9.19% in 7 days.
- Bitcoin market cap $1.54T, showing slight 24h decline.
Coinfomania reports that a Binance hacker has initiated the conversion of stolen Solana (SOL) tokens into Bitcoin (BTC) through a series of complex transactions. This development has raised concerns about the potential impact on both the Solana and Bitcoin markets, as well as the challenges of tracking and securing digital assets. The report does not specify the exact amount of SOL involved in the swaps, but the transaction has drawn attention to the vulnerabilities in the crypto ecosystem.
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- Binance Hacker Converts $SOL to BTC in Complex Transactions — this brief
A Binance hacker has recently moved a significant amount of stolen 
Solana (SOL) tokens into 
Bitcoin (BTC) through a series of complex transactions, according to Coinfomania. This move has sparked discussions within the crypto community about the potential implications for both the Solana and Bitcoin markets.
The transactions involve the conversion of SOL into BTC, which could be an attempt by the hacker to diversify their holdings or to evade detection. The process of swapping one cryptocurrency for another can be complex and may involve multiple steps to avoid triggering alarms or attracting attention.
Coinfomania does not specify the exact amount of SOL involved in the swaps, but the news has raised concerns about the potential impact on the market. The Solana market cap is currently at $53.92 billion, having declined by 9.19% over the past seven days. Meanwhile, Bitcoin's market cap stands at $1.54 trillion, with a slight 24-hour decline of 0.32%.
The conversion of stolen funds from one major cryptocurrency to another highlights the ongoing challenges of securing digital assets and the potential risks for investors. It also underscores the need for improved security measures and tracking capabilities within the crypto ecosystem.
The broader crypto market remains relatively flat, with a total market cap of $2.64 trillion. The Fear & Greed Index currently stands at 34, indicating a state of fear among investors. This backdrop of market uncertainty may amplify the impact of such high-profile incidents.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹72,66,105.63$76,619.00 to ₹72,95,504.25$76,929.00 — +0.40%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹7.96M (about $76,929.00), up 0.2% over 24 hours. The rupee itself trades about 9.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 4, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Binance Hacker Converts $SOL to BTC in Complex Transactions — questions & answers
What is the current market cap of Solana?
Solana's market cap is $53.92 billion, down 9.19% in the last 7 days.
How much Bitcoin did the hacker convert?
The exact amount of BTC is not specified, but the hacker swapped SOL for BTC.
What is the significance of this incident?
It highlights security challenges and potential market impact of stolen crypto movements.
How much is 1 Bitcoin worth in rupee today?
About ₹7.96M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $76,929.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.40% since this brief first published — trading at ₹72,95,504 ($76,929.00) now versus ₹72,66,106 ($76,619.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Coinfomania, Crypto.news, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.