BNB falls as much as 9% after reports of $2.77 billion leaving Binance wallets

On-chain trackers flagged large transfers across five blockchains, but Binance has not confirmed any hack or loss of funds Binance Coin fell as much as 9% on October 29, 2026. The drop followed reports that roughly $2.77 billion had moved out of Binance-linked wallets. Nobody at Binance has said the word “hack.” The market, however, did not wait for a press release before reaching for the sell button. The reported outflows spanned five different blockchains and involved more than 60 tokens. On-chain analytics firm TreeAI detected large transfers heading to freshly created addresses.