Lookonchain: Binance hacker address has transferred approximately $250,000 to Gate in total.

On November 2, on-chain analytics firm Lookonchain reported that addresses linked to the Binance hacker deposited approximately $250,000 in USDD to Gate exchange deposit addresses over the past 12 hours, according to TechFlow. The funds were moved in seven separate transactions, as shown in Lookonchain's accompanying chart. The activity suggests the hacker is attempting to offload or launder a portion of stolen funds through a centralized exchange, a pattern that often precedes broader sell pressure or further fund movements. Market watchers should monitor whether additional USDD or other assets from the hacker's addresses flow to Gate or other venues, and whether Gate freezes or processes the deposits.