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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
10/31/2026

Attacker’s 18,270 BTC Exceeds Coinbase’s Reported Corporate Holdings

What happened: Attackers controlled 18,270 BTC early Friday, valued at approximately $1.

Attacker’s 18,270 BTC Exceeds Coinbase’s Reported Corporate Holdings

What happened: Attackers controlled 18,270 BTC early Friday, valued at approximately $1.4 billion, according to reporting drawing on blockchain analytics. That exceeded Coinbase’s September 30 corporate holdings of 18,071 BTC by 199 BTC; Coinbase’s total comprised 17,954 BTC held for investment and 117 BTC for operations. The attackers also held 508,621 ETH, above The Ether Machine’s reported 495,362 ETH.

Why it matters: The comparison makes the theft’s scale tangible, but its scope needs care: Coinbase’s corporate treasury excludes the much larger pool of customer Bitcoin it holds in custody. Likewise, the attacker balances describe an early-Friday snapshot, so they should not be read as current holdings or evidence that the assets have been successfully sold. For market analysis, the useful question is how much remains movable, recoverable or subject to intervention, rather than whether a stolen balance briefly outranks a corporate treasury.

Source: Cointelegraph.