Bybit CEO: 77% of the $1.4 billion stolen funds can still be traced, 20% can no longer be traced, and 3% has been frozen

Odaily News According to Bybit CEO Ben Zhou, the recent hacker attack resulted in the theft of $1.4 billion (about 500,000 ETH), of which 77% is still traceable, 20% is untraceable, and 3% has been frozen.
Fund flow analysis shows that 83% (417,348 ETH, about $1 billion) has been converted into BTC and distributed to 6,954 wallets.
The hacker mainly exchanged ETH for BTC through THORChain, accounting for about 72% (361,255 ETH).
16% (79,655 ETH) entered the black market through the ExCH platform and is still being tracked.
8% (40,233 ETH) was transferred through the OKX Web3 agent, of which 5% (23,553 ETH, approximately $65 million) could not be traced and required OKX to provide further information.
Funds Freezing and Tracking Progress Currently, 11 parties have assisted in freezing funds, with Mantle, Paraswap, and ZachXBT contributing the most.
A bounty of 2.179 million USDT has been paid to 11 security experts who assisted in tracing the funds.