The hacker involved in the suspected theft incident at Binance has begun exchanging tokens such as PEPE for ETH

According to monitoring by Lookonchain, the hacker involved in the suspected theft from Binance has begun exchanging tokens such as PEPE, UNI, and LINK for ETH on-chain.

Lookonchain data shows that the hacker currently holds various altcoins, including approximately 217 million ENA (about 39.51 million USD), approximately 7.58 trillion PEPE (about 34.41 million USD), approximately 2.575 million LINK (about 2.807 million USD), approximately 128,000 AAVE (about 15.90 million USD), approximately 74.56 million ARB (about 11.54 million USD), and approximately 1.94 million UNI (about 1.262 million USD), along with tokens such as ONDO, WLD, FUN, ZAMA, ZRO, and RSR, each valued between 5 million and 9 million USD.

Lookonchain warns that the aforementioned tokens may face significant selling pressure. ChainCatcher previously reported that the suspected theft amounts to over 5.8 billion USD, with approximately 40% of the stablecoins already frozen.