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Balancer hacker swaps 7,000 ETH for 204.7 BTC, worth approximately $15.88 million

2026-04-24 09:54

According to Odaily, on-chain analyst EmberCN reported that the KelpDAO hacker swapped all 75,700 ETH for BTC via THORChain yesterday. The hacker who stole approximately $98 million in assets from Balancer in November last year is also swapping ETH for BTC through THORChain today. Today, the Balancer hacker has swapped 7,000 ETH for 204.7 BTC, worth approximately $15.88 million, and the swapping activity is still ongoing. Currently, the hacker holds 15,000 ETH on the Ethereum chain, worth approximately $34.65 million, and 204.7 BTC on the Bitcoin chain, worth approximately $15.88 million.