Elliptic: Approximately $3.11 billion of Binance's stolen assets has not yet been laundered.

Roughly $3.11 billion of the $6.43 billion stolen from Binance remains in wallets tied to the theft, mostly in ETH and Bitcoin, while about $2.85 billion has been frozen or seized, according to Elliptic. The on-chain analytics firm said laundering so far has touched more than 20,000 wallets, at least 36 services and at least 65,000 transactions across 16 blockchains. The 18,270 BTC taken in the hack has sat unmoved across 19 addresses since being split on the day of the theft, and the nine largest Ethereum addresses holding 89% of the attacker's ETH have not moved funds since Oct. 30. The split between dormant and already-laundered holdings matters because it shows how much of the haul could still be recovered or sold. Next, watch whether the untouched BTC and ETH clusters begin moving and whether the frozen or seized total rises.