@cointribute: 233 million XRP. Six new wallets. And the market is watching what happens next. During the reported Binance hack, attackers linked to North Korea took approximately 300 million dollars worth of XRP. By 2 November, the stolen tokens had reportedly been consolidated into six newly created wallets. And here's why that matters. Unlike centrally issued stablecoins, native XRP has no issuer that can freeze transfers. But the amount stolen represents only about 0.4 percent of XRP's circulating supply. So a large theft doesn't automatically mean a market crash. What matters is where those coins go. If the wallets start sending XRP to exchanges, traders could see that as potential selling pressure. If the coins remain untouched, the immediate threat may appear less urgent. There's another detail. On 1 November, the XRP Ledger reportedly added 7,934 new wallets, one of its strongest days of 2026. That could reflect holders moving to self-custody, although new wallets don't necessarily mean new buyers. And remember, stolen coins sitting still aren't necessarily being held as an investment. Hackers sometimes wait before moving funds. So would you sell if those six wallets started transferring XRP to an exchange? Note: This is not financial advice. #Crypto #XRP

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Wednesday 04 November 2026 11:00:09 GMT