The blockchain analytics platform now separates immobilized tokens from liquid holdings, starting with USDC, USDT and USDT0

Wed 4 Nov 2026 · 21:48 EST · 3 min read

In Crypto

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Not every dollar sitting in a crypto wallet can actually go anywhere. Arkham Intelligence now spells that out, listing frozen assets separately inside its portfolio module.

The update launched on November 5, 2026. It splits a wallet’s holdings into two buckets: what can move and what is stuck.

How the frozen view works

The centerpiece is a new Frozen button in the portfolio module. Clicking it surfaces digital assets that are frozen, locked, blacklisted or destroyed, kept apart from the liquid balance.

At launch, the feature covers three major stablecoins: USDC, USDT and USDT0. Arkham plans to extend support to more tokens.

Stablecoins are where freezes tend to bite, since issuers such as Tether and Circle have the ability to freeze tokens.

Arkham showed the feature in action using the entity it labels “Binance Hacker.” That entity reportedly holds approximately $5.8 billion in total digital assets.

Of that, around $2.6 billion is currently frozen. The breakdown: $1.77 billion in USDT and $824.72 million in USDC.

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The breach that set the stage

On October 29, 2026, a breach of Binance’s hot wallet led to an estimated loss of $6.01 billion.

In the aftermath, stablecoin issuers including Tether and Circle froze substantial amounts of the affected assets. Arkham tracked $2.80 billion frozen shortly after the breach.

The figure in Arkham’s current example for the “Binance Hacker” entity sits at around $2.6 billion.

Before this update, Arkham’s platform already offered real-time holdings data. Users could also aggregate their personal portfolios by connecting wallets and exchanges, pulling balances across multiple wallets and chains into a single view.

What this means for traders, investigators and compliance teams

When a hacker’s wallet shows billions in holdings, the frozen view makes clear how much of that loot is realistically movable. A thief sitting on approximately $5.8 billion sounds like a crisis that is still unfolding. A thief with around $2.6 billion of it locked up is a partially contained one.

For compliance teams, the feature offers a faster way to separate live exposure from immobilized balances. Arkham pitches the tool at a range of users, from individual traders through to compliance departments, and the frozen view is designed to help them gauge actual liquidity.

Everyday traders get a quieter but still useful benefit. Anyone holding stablecoins across several wallets can now see if any portion has been caught in an issuer freeze, rather than discovering it at the moment they try to move funds.

Coverage starts with only USDC, USDT and USDT0. Any frozen or locked holdings in other tokens won’t be flagged separately until Arkham expands support, so the liquid figure for wallets holding other freezable assets may still overstate what is truly movable.

The other thread to follow is the Binance breach itself. The gap between the $2.80 billion Arkham tracked as frozen shortly after the incident and the roughly $2.6 billion shown in its current example is now something users can monitor directly, rather than piecing together from scattered on-chain data and issuer announcements.

Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.