The Bybit hacker has successfully laundered 50% of the stolen ETH, primarily through conversion via THORChain to BTC

BlockBeats News, February 28th, according to Spot on Chain monitoring, the Bybit hacker has currently successfully laundered 50% of the stolen ETH.

Over the past 5 and a half days, the Bybit hacker has laundered a total of 266,309 ETH (approximately $6.14 billion), accounting for 53.3% of the stolen 499,000 ETH, averaging 48,420 ETH laundered per day, most of which was converted to BTC through THORChain. At the current rate, the remaining 233,086 ETH may be fully laundered in just 5 days.