The reported liquidation has expanded beyond UNI
Wallets attributed to the Binance exploiter are reportedly selling a broader basket of tokens into ETH.
Andy reports sales involving LINK, UNI, PEPE, AAVE and ENA. The same update says 21.85M ONDO was moved to a wallet and may be prepared for sale. A subsequent update reports that 96.94 WBTC was swapped for ETH.
These claims extend the activity already reported in the earlier UNI sales, where 3.86M UNI was attributed to 23 Uniswap transactions.
What the transactions suggest
Swapping issuer tokens and wrapped assets into native ETH can reduce the attacker's exposure to issuer controls and simplify the asset mix. ETH cannot be frozen at protocol level by a token issuer in the same way as centrally administered stablecoins.
The reported WBTC conversion is important for the same reason: WBTC represents Bitcoin on Ethereum, while ETH is the network's native asset. Converting WBTC into ETH changes the form of the position and may make subsequent routing easier.
The ONDO transfer is not yet a confirmed sale
The 21.85M ONDO movement is material, but a transfer alone does not establish that a swap occurred. The destination, approvals and any following decentralized-exchange transactions must be traced before describing the tokens as sold.
For that reason, Signal21 treats the ONDO sale expectation as an attributed inference rather than a confirmed transaction.
Market impact remains uneven
The immediate price effect depends on the depth of each liquidity pool, the execution route and whether the seller divides orders across many transactions. Lower-liquidity assets can experience greater slippage even when their dollar value is smaller than the incident's BTC or stablecoin balances.
The most useful evidence now is a reproducible address list with transaction hashes for every swap. Binance has not yet published a complete affected-wallet inventory or a reconciled accounting of the token liquidations.
The current precise formulation is: wallets attributed to the Binance exploiter are reported to be selling LINK, UNI, PEPE, AAVE and ENA, 96.94 WBTC was reportedly swapped for ETH, and 21.85M ONDO was moved with a possible sale still unconfirmed.
Follow Signal21's full Binance incident timeline for the latest verified developments.
This is a developing story. Signal21 will update the article when reproducible transaction references or Binance's reconciled incident report become available.