The attacker behind the Binance hack is now sitting on a Bitcoin stash larger than Tesla’s.
Blockchain analysis cited by CoinDesk shows the hacker controls approximately 18,270 BTC, worth around $1.4 billion at current prices.
For comparison, Tesla holds about 11,509 BTC, while El Salvador holds roughly 7,820 BTC.
That makes the Binance attacker one of the more notable Bitcoin holders currently being tracked on-chain.
Stolen Bitcoin Split Across 19 Wallets
The latest investigation shows the stolen BTC has been divided across 19 different wallets.
Seventeen of those addresses reportedly hold exactly 1,000 BTC each.
The distribution appears designed to make monitoring and recovery more difficult, although the funds remain visible on the Bitcoin blockchain.
This portion of the Binance hack is especially problematic because Bitcoin cannot be frozen in the same way as centralized stablecoins.
USDT issuer Tether and USDC issuer Circle can blacklist addresses holding their tokens. That has already helped freeze a large share of the assets stolen during the roughly $6.3 billion Binance breach.
Bitcoin has no central issuer with that capability.
The Binance hacker has 18,270 BTC. That’s more Bitcoin than Tesla holds. For comparison: Tesla: 11,509 BTC El Salvador: approximately 7,820 BTC Binance attacker: 18,270 BTC The stolen Bitcoin is worth roughly $1.4 BILLION. CoinDesk’s latest blockchain investigation found the coins split across 19 wallets, with 17 holding exactly 1,000 BTC each. And unlike USDT or USDC, Bitcoin has no central issuer that can simply freeze those addresses. Recovering this portion is going to be considerably harder.
— That Martini Guy ₿ (@MartiniGuyYT) October 31, 2026
Unless the attacker eventually sends the BTC to an exchange, OTC desk or another service willing to cooperate with investigators, recovering those coins becomes considerably harder.
Read also: Binance Hack News: Ethena Transfers $24M in ENA During Reserve Rebuild
Binance Still Faces a $1.4 Billion Bitcoin Problem
Binance has said users will be fully covered and has been rebuilding stolen reserves through company funds, market purchases and OTC transactions.
But the 18,270 BTC controlled by the attacker represents one of the most difficult pieces of the recovery effort.
The coins can be tracked.
They cannot simply be switched off.
That distinction makes the stolen Bitcoin different from much of the stablecoin portion of the hack and explains why investigators are watching these 19 wallets so closely.
For now, roughly $1.4 billion in stolen BTC remains under the attacker’s control.
And, on paper, that means the Binance hacker currently holds significantly more Bitcoin than Tesla.
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