Data: The Bybit hacker's money laundering has brought THORChain $2.91 billion in trading volume and $3 million in fee revenue

2025-02-27 19:55:35
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ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the hacker involved in the Bybit theft incident laundered ETH into BTC through THORChain, bringing THORChain a trading volume of $2.91 billion and $3 million in fee revenue.

Data shows that the hacker began the money laundering operation on February 22, contributing a significant amount of transactions to THORChain over a period of 5 days. Prior to this, THORChain's average daily trading volume was about $80 million, which surged to $580 million during the hacker's activity.

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