Binance Hacker Moves $798K in SOL Through Privacy Cash
A wallet linked to the Binance hack transferred 8,567 SOL, valued at $798,000, into Privacy Cash.
A wallet linked to the Binance hack transferred 8,567 SOL, valued at $798,000, into Privacy Cash. Solana (SOL) is trading at ₹8,757 ($92.34), up 1.6% since this brief published. This is an original Token Times brief based on reporting by CoinEdition, with live market data added, as of Wed, 04 Nov 2026 05:00:02 UTC.
This movement of stolen funds highlights the ongoing challenge of tracking and securing crypto assets after major breaches, with implications for user trust and platform security.
- Binance hacker transferred 8,567 SOL ($798K) to Privacy Cash.
- Elliptic reported 87,000 SOL stolen from Binance has moved across blockchains.
- Privacy Cash transactions complicate tracking of stolen funds.
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- Binance Hacker Moves $798K in SOL Through Privacy Cash — this brief
- Binance Hacker Converts $SOL to BTC in Complex Transactions
On November 3, Onchain Lens reported that a wallet associated with the Binance hack deposited 8,567 SOL into Privacy Cash, valued at approximately $798,000. This transaction is part of a larger pattern of fund movements from the original theft wallet.
Elliptic has reported that around 87,000 SOL from the Binance theft has been transferred across different blockchains, indicating a sophisticated effort to disperse and potentially launder the stolen assets.
The use of Privacy Cash, a privacy-focused cryptocurrency, adds complexity to the tracking of these funds. Privacy Cash's circulating supply is currently $129.67M, according to DeFiLlama.
The broader crypto market remains relatively stable, with a total market cap of $2.63T. However, the movement of stolen funds could impact market sentiment, particularly for affected platforms like Binance.
Solana (SOL), the cryptocurrency involved in the transaction, is currently priced at $90.9, with a 24-hour decrease of 1.14% and a 7-day drop of 10.40%, reflecting broader market trends.
Since this brief published about 5 hours ago, Solana (SOL) has moved from ₹8,620.43$90.90 to ₹8,756.99$92.34 — +1.58%.
The chart plots SOL'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 SOL ≈ ₹9,553.5 (about $92.34), 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 asset in this story — live, source-stamped, updated every 15 minutes.
Binance Hacker Moves $798K in SOL Through Privacy Cash — questions & answers
What is Privacy Cash?
Privacy Cash is a privacy-focused cryptocurrency designed to obscure transaction details, making it difficult to trace fund movements.
How much SOL was stolen from Binance?
Elliptic reported that about 87,000 SOL was stolen from Binance.
Why is the use of Privacy Cash significant?
The use of Privacy Cash complicates the tracking of stolen funds, as it is designed to enhance transaction privacy and obscure details.
How much is 1 Solana worth in rupee today?
About ₹9,553.5 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $92.34. The rupee price moves with both SOL's US-dollar price and the USDT/INR rate; use our Solana in rupee page for any amount.
Has Solana's price moved since this brief was published?
SOL is up 1.58% since this brief first published — trading at ₹8,757 ($92.34) now versus ₹8,620 ($90.90) 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 CoinEdition. 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.