News analysis
Ethereum validators gained about $30 million while Binance hackers lost $119 million, CryptoSlate reports
· By MyCryptoSignal Editorial · 339 words
CryptoSlate reports that Ethereum validators collected roughly $30 million in fees while the attackers behind a Binance-linked exploit lost about $119 million through hurried trades. Bitquery estimates about 11,217 ETH reached proposing validators, with builders retaining about 564 ETH across four and a half hours.
CryptoSlate's account, published on 1 November 2026, centres on the gap between what validators earned and what the attackers gave up. The report cites Bitquery's estimate that roughly 11,217 ETH went to block proposers, while builders kept about 564 ETH over a four-and-a-half-hour window. The $119 million figure describes losses the source attributes to rushed trading by the Binance hackers. The summary does not set out which assets were traded, how the orders were routed, or how the $30 million valuation was reached. We have not independently verified the source's figures.
Our own collected data, as of 17:17 UTC, shows Ethereum at $2,267.54, up 0.92% over 24 hours. The token has given back 3.18% over seven days and 15.93% over 30 days. Its 24-hour range ran from $2,250.67 to $2,275.34, a band of about $25 that leaves the price near the session high. RSI-14 reads 54.6 with a flat trend, and our model flags a falling signal. Support sits at $2,252.35 and resistance at $2,265.01, with the price above both levels.
The wider frame: total capitalisation stands at $2.47 trillion, up 0.58% in 24 hours. Bitcoin dominance is 63.5%, and BTC trades at $78,088, up 0.77% on the day. Ethereum's 24-hour gain is slightly larger than Bitcoin's, while its 30-day decline of 15.93% is the deepest figure in our snapshot.
The source's numbers describe a fee windfall for validators inside a single exploit window. Our snapshot, taken later the same day, shows ETH up modestly over 24 hours but down 15.93% over 30 days. The two sets cover different spans: four and a half hours of block production against a month of price movement. Nothing in either set ties the exploit to Ethereum's price.
Read the full story at CryptoSlate: https://cryptoslate.com/ethereum-validators-pocket-30-million-windfall-as-binance-hackers-lose-119-million-in-rushed-trades
Data, not advice.
Source: CryptoSlate — see our editorial policy.