🚨Huge on-chain assets continue to transfer: hackers are massively reallocating BTC


On-chain data shows that multiple recent hacker funds are continuously converting assets through THORChain:

KelpDAO-related hackers exchanged all 75.7k ETH for BTC yesterday

The hacker who stole about $98 million worth of assets from Balancer in November last year continues to convert ETH to BTC today

Latest transaction: 7,000 ETH → 204.7 BTC (about $15.88 million)

Currently, the on-chain holdings are structured as follows:

ETH side: about 15k ETH (≈$34.65 million)

BTC side: about 204.7 BTC (≈$15.88 million)

Overall, these funds are still undergoing cross-asset conversions and diversification, and the reallocation has not yet ended.
From an on-chain behavior perspective, this looks more like risk hedging and asset restructuring rather than simple cashing out.
💡Motivational Quote:
Every large-scale fund movement in the market reminds us: what truly matters is not the price, but where the funds ultimately go.
BTC0,03%
ETH-0,91%
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