BNB Crypto Drops 8.7% in an Hour as Binance Loses $6.36 Billion to Hackers, and Futures Traders Turn Short: Can BNB Hold Its 200-Day Average?

BNB crypto fell 8.7% in an hour on Thursday, October 29, from $744.90 to $680, as hackers drained about $6.36 billion from Binance, the exchange behind the token, in the largest crypto theft on record. The bounce since has been the weakest among the big coins. BNB trades at $702, down 6.2% in 24 hours, with a $92.4 billion market cap and 48.7% below its $1,370 record from October 2025. In futures, traders who bet against it are now paying to keep those bets open.