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Binance Hacker Initiates Large-Scale Sell-Off of PEPE and UNI Tokens

A hacker linked to recent Binance outflows is dumping significant amounts of PEPE and UNI tokens on Uniswap, raising concerns about market impact.

A hacker linked to recent Binance outflows is dumping significant amounts of PEPE and UNI tokens on Uniswap, raising concerns about market impact. Ethereum (ETH) is trading at ₹2,08,723 ($2,190.35), down 1.2% since this brief published. This is an original Token Times brief synthesising 2 outlets (Bitcoin Sistemi, Coinfomania), plus live market data, as of Fri, 30 Oct 2026 02:00:02 UTC.

Why it matters

The massive sell-off of PEPE and UNI tokens by the Binance hacker could exacerbate the already declining crypto market and erode investor confidence in decentralized exchanges.

Covered by 2 outlets over about 2.7 h — Token Times synthesises them all into one brief
  1. Bitcoin Sistemi
    BREAKING: Binance Hacker Begins Massive Sell-Off of Two Altcoins ↗
  2. Coinfomania
    Binance Hacker Dumps $PEPE and Altcoins for ETH, Raising ↗
Key takeaways
  • Binance hacker is selling PEPE and UNI tokens on Uniswap for ETH.
  • PEPE transaction shows ~68.01 billion tokens being dumped.
  • Uniswap TVL dropped 2.8% over the past week to $3.79B.
  • Market sentiment remains negative amid broader crypto downturn.
What the reporting agrees on

Both Bitcoin Sistemi and Coinfomania report that the Binance hacker is selling large quantities of PEPE and UNI tokens on Uniswap, with Bitcoin Sistemi providing the specific figure of 68.01 billion PEPE tokens. Coinfomania emphasizes the potential market impact, particularly the conversion of these tokens into ETH, which could further pressure ETH's price. While both outlets highlight the involvement of Uniswap, only Bitcoin Sistemi provides the detailed transaction information.

The story so far · 2 briefs
  1. Large Poloniex Transfers Spark PEPE Price Speculation Amidst MEMASA Attention
  2. Binance Hacker Initiates Large-Scale Sell-Off of PEPE and UNI Tokens — this brief

A hacker linked to recent suspicious outflows from Binance-labeled wallets has initiated a large-scale sell-off of PEPE and UNI tokens on the decentralized exchange Uniswap. This development comes amid broader concerns about the security of Binance's systems and the potential for market manipulation.

According to transaction records shared by Bitcoin Sistemi, the hacker has sold approximately 68.01 billion PEPE tokens. This massive dump has likely contributed to the 8.30% decline in PEPE's price over the past 24 hours. The hacker is also selling UNI tokens, which have dropped 10.23% in the same period.

Coinfomania corroborates the sell-off, noting that the hacker is converting these tokens into ETH, which could exacerbate the downward pressure on ETH's price. The conversion of stolen tokens into ETH is a common tactic used by hackers to liquidate their holdings quickly.

The broader crypto market is also experiencing a downturn, with the total market cap dropping to $2.65 trillion and Bitcoin falling 4.86% in the past 24 hours. The Fear & Greed index remains at 30, indicating a state of fear among investors.

Uniswap's total value locked (TVL) has decreased by 2.8% over the past week to $3.79 billion, according to DeFiLlama. This decline suggests that the hacker's activities could be contributing to a loss of confidence in decentralized exchanges.

Market reaction since this brief Live

Since this brief published about 4 hours ago, Ethereum (ETH) has moved from ₹2,11,212.12$2,216.47 to ₹2,08,723.09$2,190.35 — -1.18%.

$2,187$2,195$2,203$2,212$2,220 published · $2,216 now · $2,190 (-1.18%) Oct 29 22:07 UTC Oct 30 02:00 UTC
BeforeSince publishPublished · ₹2,11,212.12$2,216.47
CoinAt publishNowSince publish
ETH₹2,11,212.12$2,216.47₹2,08,723.09$2,190.35-1.18%
UNI₹616.54$6.47₹619.40$6.50+0.46%
PEPE₹0.000439$0.00000461₹0.000440$0.00000462+0.22%

The chart plots ETH'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.

What this means in rupee

At today's peer-to-peer rate, 1 ETH ≈ ₹230,534.34 (about $2,190.35), down 5.4% over 24 hours. The rupee itself trades about 10.4% 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.

₹2,08,723.09$2,190.35 ▼ 5.40%
-1.18% since this brief published
7d -7.07%MCap ₹25.51TFull ETH data →
#26
₹619.40$6.50 ▼ 7.90%
+0.46% since this brief published
7d -7.40%MCap ₹386.84BFull UNI data →
PEPE
#48
₹0.000440$0.00000462 ▼ 7.29%
+0.22% since this brief published
7d +4.57%MCap ₹185.56BFull PEPE data →
The market when this published · October 29, 2026
Total market cap₹252.91T
Bitcoin 24h-4.86%
Ethereum 24h-5.61%
BTC dominance58.3%
Fear & Greed30 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 30, 2026.

Uniswap TVL$3.70B-2.8% 7dDeFiLlama ↗
SectorDEX liquidity$12.45Bacross 78 protocolsDeFiLlama ↗
Bitcoin DeFi TVL$5.99BDeFiLlama ↗

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 Initiates Large-Scale Sell-Off of PEPE and UN — questions & answers

How much PEPE did the hacker sell?

The hacker sold approximately 68.01 billion PEPE tokens.

What is the impact on the crypto market?

The sell-off has contributed to a decline in PEPE and UNI prices and added to the broader market downturn.

Why is the hacker converting tokens to ETH?

Converting stolen tokens to ETH is a common tactic to quickly liquidate holdings.

How much is 1 Ethereum worth in rupee today?

About ₹230,534.34 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,190.35. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.

Has Ethereum's price moved since this brief was published?

ETH is down 1.18% since this brief first published — trading at ₹2,08,723 ($2,190.35) now versus ₹2,11,212 ($2,216.47) 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 Bitcoin Sistemi, Coinfomania, 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.

In this storyBinance Company
Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 30, 2026 ⛓ Timestamped at Bitcoin block #973,757 sha256:c534b9a853633897
Corroborated across 2 outlets, reported over about 2.7 h — this is an original Token Times summary with live market data, not the original article.Bitcoin Sistemi · Oct 29 22:07 ↗Coinfomania · Oct 30 00:47 ↗

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.