The Binance hack replay rebuilds the night Binance lost $6.36B to the largest hack on record, in 15-second bars from 19:30 to 03:00 UTC across Binance, OKX and Hyperliquid.
- The first twenty minutes. The theft starts at 20:05, while the market is trading Big Tech's earnings. BNB doesn't break away from BTC until 20:24:56, 92 seconds after the main Ethereum wallet is swept, shown second by second.
- BNB as the gauge. BNB against BTC on every venue, with its open interest nearly doubling on Hyperliquid as traders shorted it.
- Tether's discount. What Binance's own USDT, USDC, USD1 and U books said each stablecoin was worth, every 15 seconds.
- Which coins the market sold, and two waves of liquidations, the second after Binance confirmed the hack at 00:13.