Hacking News
XRP Whale Outflows on Binance Surge to 226M Units Amid Security Breach
XRP whale net flow on Binance reached a net outflow of 226 million units on October 29, far exceeding the 83 million‑unit outflow recorded in September 2022. The outflow occurred amid a security breach that is estimated to have stolen about $6.3 billion in assets, with North Korea linked to the attack. Binance has reportedly covered roughly 95 percent of the losses from the breach. Despite the hack, XRP’s price fell only slightly and recovered to around $1.25, while spot XRP ETFs saw positive inflows of $18.83 million in October.