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Binance hackers begin swapping stolen Solana tokens for Bitcoin: Chainalysis

Published Source: CoinTelegraphRead original

Crypto Insight Summary: Crypto exchange Gate said it froze two linked accounts as US investigators urged platforms to block transactions tied to the $6.3 billion theft. Crypto Insight Analysis: Direction: Bearish SOL Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Stolen SOL conversion into BTC may add near-term selling pressure, though the theft is unlikely to disrupt the broader market.

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Binance hackers begin swapping stolen Solana tokens for Bitcoin: Chainalysis — Crypto Insight