TREE NEWS reports: The attackers behind the Binance hack held 18,270 BTC as of early Friday, a stash that tops Coinbase’s reported corporate holdings, along with more than 500,000 ETH. The figures put the hackers’ Bitcoin balance above the exchange’s disclosed corporate treasury.
Binance hacker holds 18,270 BTC, exceeding Coinbase treasury
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AI take
The comparison is the story here: an illicit wallet outranking a listed exchange's disclosed corporate treasury reframes how large unattributed holdings can distort perceptions of institutional Bitcoin accumulation. It matters less as a curiosity and more as a reminder that on-chain balances attributed to exchanges or corporates are only part of the visible supply picture. What remains open is whether such a concentration stays dormant or moves, since any transfer from a flagged address would be visible and closely watched by market participants tracking supply overhang.
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