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Balancer hacker has converted 14,300 ETH into 419.3 BTC
24/04/2026 21:29
According to on-chain analyst EmberCN's monitoring, the Balancer hacker started swapping ETH for BTC via THORChain yesterday. So far, 14,300 ETH have been converted into 419.3 BTC ($32.51 million). Currently, the hacker still holds 7,700 ETH on the Ethereum chain and 419.3 BTC on the Bitcoin chain, with a total value of $50.4 million. The assets stolen in November last year were worth $98 million at the time, but have since depreciated significantly due to ETH being priced at around $3,600 back then.
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