Binance hacker dumps 130+ altcoins on EVM chains for $279M

The scale of the liquidation matters less than its venue: the hacker's activity was confined to EVM-compatible networks, which concentrates selling pressure and liquidity stress in one corner of the market rather than spreading it across venues. For holders of the affected altcoins, the move is a reminder that stolen-asset disposals can hit smaller tokens with thinner books hardest, even when the headline dollar figure is large. What remains unaddressed in the data is where the rest of the funds sit, and whether the EVM-only pattern reflects a deliberate routing strategy or a technical constraint — that distribution question is the one worth watching.