🚨Hacker frenzy "blood exchange": a large amount of ETH is being sold off, rapidly converted into BTC!

On-chain monitoring shows that yesterday, the KelpDAO attacker used THORChain to convert all 75.7k ETH into BTC.

Meanwhile, the hacker who stole about $98 million worth of assets from Balancer in November last year has also begun executing the same operation. Today alone, they have exchanged 7,000 ETH for 204.7 BTC, worth approximately $15.88 million, and the token swapping is still ongoing.

Current on-chain data shows:

This hacker still holds about 15k ETH on the ETH chain (approximately $34.65 million)
On the BTC chain, they already hold 204.7 BTC (about $15.88 million)

From the fund movement, large hacker funds are clearly shifting from ETH to BTC, which often indicates a stronger demand for asset preservation and may also bring new volatility to short-term market sentiment.

In the crypto world, fund flows are always more genuine than emotions.
True traders are not those chasing hot trends, but those who understand the flow of funds.
The market will not reward impulsiveness, but it will definitely reward those who stay clear-headed in the long run. 🚀