Yes. The first alerts on Oct 29 flagged about $2.77B leaving Binance wallets across five blockchains as a suspected drain, still marked unconfirmed at the time Investingcom.

Yes. The first alerts on Oct 29 flagged about $2.77B leaving Binance wallets across five blockchains as a suspected drain, still marked unconfirmed at the time Investingcom.

It was real. Binance later confirmed a security incident, put impact around $6.3B, said about $3B was frozen on-chain, suspended withdrawals, and said user funds are safe with losses covered via SAFU and company funds binance.

The $971M USDT freeze by Tether and about $820M-823M USDC tied to the hacker wallet match the early reports Rickler Feed. Later totals rose to ~$1.5B USDT frozen and ~$2.54-3B overall frozen.

BTC traded around $78,570-78,584, down about 2.1% in 24h at Oct 30 05:55 UTC, which fits the under $78,500 claim during the selloff. The $600M longs wipeout figure is an author claim in the linked post stockmom, not a verified exchange total; current reads show wider liquidations after the hack.

The EIP-7702 drain of Binance 14 at 20:24 UTC, tx 0x53bd...2f3, is named by on-chain trackers as the main Ethereum drain.