News analysis
Tether freezes $4.5 million tied to Mercado Bitcoin breach as exchange works on restoration
· By MyCryptoSignal Editorial · 314 words
CryptoSlate reports that Tether froze $4.5 million connected to the Mercado Bitcoin hack, while the attacker still holds about $46 million in crypto. The exchange said restoration work is continuing and published tracking addresses, without a reopening timetable or a financial figure.
According to CryptoSlate, the freeze covers $4.5 million of the funds linked to the breach at Mercado Bitcoin. The report states the hacker's remaining holdings sit near $46 million. CryptoSlate published the story on 2 November 2026, with no author byline listed.
The exchange, per CryptoSlate, said restoration work was still under way and released tracking addresses for the funds. It did not give a reopening timetable, and it did not state a financial amount. Those are the facts the source provides; we have not independently verified its figures.
As of 13:17 UTC, Tether traded at $0.998745, down 0.02977% over 24 hours. The token moved between $0.998516 and $0.999024 in that window, with a 7-day gain of 0.0084% and a 30-day decline of 0.1205%. Its RSI14 sat at 48.5 on a flat trend, with support at $0.99827 against resistance at $0.99841.
Bitcoin traded at $77,231, down 0.5593% on the day, 3.1116% over seven days and 9.3668% over 30 days. Its 24-hour range ran from $76,303 to $78,037, with RSI14 at 53.7 on a down trend; support stood at $77,160.10 and resistance at $77,393.10. The wider market held a total cap of $2.45 trillion, down 0.35% in 24 hours, with Bitcoin dominance at 63.4%.
The freeze puts $4.5 million of traced funds out of the attacker's reach while roughly $46 million remains held, according to CryptoSlate. Tether's price sits within a fraction of a cent of its peg, and Bitcoin's 30-day decline of 9.3668% leaves it near the $77,160 support level in our data. The exchange has published addresses but no reopening date.
Read the full story at CryptoSlate: https://cryptoslate.com/tether-freezes-4-5-million-as-mercado-bitcoin-hacker-holds-46-million-in-crypto
Data, not advice.
Source: CryptoSlate — see our editorial policy.