The wallet involved in the Balancer hack exchanged 7,000 ETH for 204.7 BTC via THORChain.
On April 24th, an address believed to have stolen approximately $98 million from Balancer last November continued to exchange ETH for BTC via the THORChain cross- chain protocol. Today's transaction recorded the exchange of 7,000 ETH , equivalent to approximately $15.88 million.
The remaining ETH and BTC
This address currently holds 15,000 ETH, worth approximately $34.65 million on Ethereum , and 204.7 BTC, equivalent to about $15.88 million on Bitcoin. Available data indicates that the transaction is still ongoing.
New developments following the November attack.
This move indicates that assets related to the incident continue to be transferred between networks. No further details are available regarding the purpose of the transactions or whether the entire stolen sum remains under the control of a single address.
Summary
The address suspected of being involved in the Balancer hack is continuing to convert ETH to BTC, with the latest transaction being 7,000 ETH. The remaining assets are still recorded on both Ethereum and Bitcoin.
