The Balancer hacker has currently exchanged 14,300 ETH for 419.3 BTC

Apr 25, 2026 09:29:46

According to on-chain analyst Yu Jin's monitoring, the Balancer hacker has started exchanging ETH for BTC through THORChain, having already converted 14,300 ETH into 419.3 BTC (worth $32.51 million).

He currently holds 7,700 ETH on the ETH chain and 419.3 BTC on the BTC chain, valued at $50.4 million. The assets he stole last November were worth $98 million, which has significantly decreased since the ETH price was around $3,600 at that time.

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