485,270 SOL worth $46M moves from Binance hack to unknown wallet

Blockchain analytics firms have traced about 970,500 SOL, the native token of the Solana network, to the initial breach. At the time of the hack, that stash was valued at around $96 million.

The newly moved batch represents approximately half of that total. So the attackers have now repositioned around half of their Solana haul in a single transfer.

The math holds one small detail worth noticing. Half of $96 million would be about $48 million, yet this batch is valued at $46 million, which means the dollar value per token has slipped a bit since the theft.

The destination wallet has no known owner. That is typical of how stolen crypto travels: hop to a fresh address, then another, ideally until the trail goes cold.

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