Binance Hacker Sits on $1.4 Billion in Bitcoin, Triple a Week of ETF Buying, as Route 2 FI Buys the Dip

Bitcoin news on Friday turned to a warning from trader Route 2 FI, who said the Binance hacker’s $1.4 billion in BTC is more than three times what spot ETFs bought all week, a potential seller hanging over Bitcoin at $77,300. Arkham’s entity page shows the Binance hacker holding 18,270 BTC worth $1.42 billion and 488,364 ETH worth $1.09 billion across 73 addresses. US spot Bitcoin ETFs took in about $440.7 million from Monday to Thursday. Route 2 FI still likes the setup enough to take a position. The trader expects Binance to recover fully but thinks the hack will push more people toward decentralized exchanges. Binance would need a couple of months to fill this hole, unless they use other shady tactics to get whole faster. The hacker has $BTC worth $1.4b and $ETH worth $1b ready to sell. For $BTC, that's more than 3x the $450M that spot ETFs bought all week. If this is like the Bybit… — Route 2 FI (@Route2FI) October 30, 2026 DISCOVER: Bitcoin Holds $79,200 Before the Fed, Coinbase Earnings and a $10.9B Expiry: Which Way Next? Bitcoin News: A $1.4 Billion Seller Against a $440 Million Week of ETF Buying Route 2 FI’s math holds up. Arkham’s Binance Hacker entity shows 18,270 BTC, ...