Data: Bybit hacker has successfully laundered 50% of the stolen ETH, mainly converting it to BTC through THORChain

2025-02-28 09:02:06

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ChainCatcher news, according to monitoring by Spot on Chain, the Bybit hacker has successfully laundered 50% of the stolen ETH.

In the past 5 and a half days, the Bybit hacker has laundered a total of 266,309 ETH (approximately $614 million), accounting for 53.3% of the 499,000 ETH stolen, averaging 48,420 ETH laundered per day, mostly converted to BTC through THORChain. At the current rate, the remaining 233,086 ETH could be fully laundered in just 5 days.

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Bybit THORChain money laundering ETH

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Bybit theft incident tracking

On the evening of February 21, 2025, Bybit suffered a hacker attack, with over $1.4 billion worth of cryptocurrency assets stolen. How will the incident unfold, and what subsequent impacts will it bring?

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