Binance hacker moves $798K in SOL into Privacy Cash
AI summary
An address tied to the Binance hacker deposited nearly $798,000 in Solana into Privacy Cash, a privacy-focused mixer, according to Onchain Lens. The move comes as Binance reports progress replacing assets stolen in its $6.34 billion breach. Traders may read the laundering activity as a sign stolen funds remain in circulation and could add selling pressure on SOL, while the exchange's recovery efforts are a modest offset.
