![\"Binance](\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/2026\/10\/01M64Y4PTFHTAMEWNV8MMJQWCT\/hi-crypto-trading-basics-a-beginners-guide-to-cryptocurrency-order-types1.jpeg\")
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Bitcoin and Ether tumbled as the broader crypto market fell 3.3%, with reports of suspicious multibillion-dollar transfers from Binance-linked wallets fueling uncertainty.<\/p>\n
Cryptocurrency markets fell sharply Thursday as reports of a potential multibillion-dollar hack involving Binance wallets rattled investors, sending BNB down more than 7% and pushing the broader market lower.<\/p>\n
The selloff coincided with reports of suspicious transfers involving Binance-linked wallets<\/a>. Blockchain security firm Blockaid identified approximately $3.3 billion in suspicious transfers, while Arkham Intelligence tracked roughly $5.84 billion in assets held by wallets labeled \u201cbinance-hacker-1029,\u201d though neither figure represents a confirmed theft amount.<\/p>\n BNB, the native token of BNB Chain, traded near $702, down 7.2% over 24 hours, according to CoinGecko data<\/a> at the time of writing. Bitcoin fell 3.1% to about $78,674, while Ether dropped 4% to about $2,263. The total cryptocurrency market capitalization fell 3.3% to around $2.73 trillion, while 24-hour trading volume climbed nearly 29% to $89.4 billion.<\/p>\n