A hacker linked to Binance has divided approximately $1.4 billion worth of bitcoin among 19 wallets, creating a structure that cannot be frozen by a central authority. According to CoinDesk, the wallets collectively hold 18,270 BTC, with 17 addresses containing exactly 1,000 BTC each.
Bitcoin holdings remain stationary
CoinDesk’s review of blockchain records found that all 18,270 coins are held across the 19 wallets. None of the bitcoin had moved since Thursday night at the time of the report.
The use of multiple wallets separates the stolen holdings into distinct addresses rather than leaving the entire balance in one location. Bitcoin transactions are recorded publicly on its blockchain, allowing addresses and their balances to be monitored, although an address itself does not reveal the identity of its owner.
Why the wallet structure matters
Unlike funds held at a conventional financial institution, bitcoin stored in self-controlled wallets cannot generally be frozen by a bank or another central intermediary. Control depends on possession of the private keys needed to authorize transactions.
That does not make the funds invisible. Blockchain analysts can track transfers between addresses, and exchanges or other regulated services may be able to restrict access if the bitcoin reaches their platforms. However, the source material says the wallets holding this balance cannot be frozen directly.
The 1,000-BTC pattern in 17 of the 19 wallets also provides a clear on-chain signature for monitoring. For now, the reported lack of movement means the balance remains in place, rather than being transferred to new addresses or exchanged for other assets.
Moneyiar market picture
Moneyiar data at 22:39 on October 25, 2026, showed bitcoin at $80,430.51, down 0.08% over 24 hours and 1.32% over seven days. BNB stood at $740.86, up 0.81% in 24 hours and 3.32% over seven days. LIT was $3.18, while NIGHT was $0.03695.
