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Binance Reserve Data Shows Ether Backing 6% Short After Wallet Hack

Binance reserve figures show wallets drained in a hack were still included as backing for customer balances. That leaves the exchange’s ether backing estimated at about 6% below those balances until the stolen assets are replaced, according to CoinDesk.

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Binance Reserve Data Shows Ether Backing 6% Short After Wallet Hack

Binance’s published reserve figures indicate that wallets drained in a hack were still counted as backing customer balances, leaving the exchange’s ether reserves about 6% below the amount represented by those balances until the stolen assets are replaced.

What the reserve data shows

Reserve data is intended to show the crypto assets an exchange holds against customer balances. In Binance’s case, the figures list the affected wallets among the assets backing customers, according to CoinDesk. Because those wallets were drained, the ether shown as available to support customer holdings is estimated to be roughly 6% short.

The shortfall does not describe a change in the balances recorded for customers. Instead, it reflects a gap between those balances and the ether held in the wallets identified as their backing. The position is expected to remain at that level until Binance replaces the assets that were stolen.

Why the gap matters

Exchange reserve disclosures are watched because they provide information about whether a platform holds enough crypto assets to match customer claims. When wallets included in that calculation are emptied, the reported backing can exceed the assets actually available, even if the customer balances themselves remain listed.

The available source material does not specify the value of the stolen ether, the number of affected wallets or the timing and method of the replacement. It also does not provide further details about the hack or state whether Binance has already begun restoring the missing backing.

Moneyiar market picture

Moneyiar data recorded on October 25, 2026, at 22:39 +03:30 put Ethereum at $2,342.0570017305, up 0.02% over 24 hours but down 1.77% over seven days. BNB was $740.8618136891, with gains of 0.81% and 3.32% over the same periods.

At 22:38 +03:30, Moneyiar data showed Rain at $0.0084289407, up 2.54% in 24 hours and down 8.14% over seven days. Data Network stood at $0.1503553856, down 4.42% over 24 hours and 7.71% over seven days.

Source CoinDesk Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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