Over 20,000 tracking wallets linked to the address tied to $3.1 billion in funds stolen from Binance...

Binance-linked hackers still hold about $3.11 billion of the $6.43 billion stolen in the October 29 exploit, according to an Elliptic tracing update, with most of that balance not yet laundered. Elliptic’s tracker now covers more than 20,000 wallets tied to the hack, and separately counts $2.85 billion, or 44% of the total, as frozen or seized. The gap between the $6.43 billion valued at the time of theft and the $3.11 billion remaining in linked addresses reflects both partial laundering and price moves since. The case matters as one of the largest crypto thefts on record and a test of cross-chain tracing and exchange cooperation. Next to watch is how quickly the remaining balance moves and whether seizures close the 44% recovery gap.