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KelpDAO hacker exchanges 75,700 ETH for BTC, transaction worth $175 million
ChainCatcher reports that, according to on-chain analyst Yu Jin’s monitoring, it took 1.5 days; the KelpDAO hacker has basically converted 75,700 ETH (about $175 million) into BTC.
The hacker primarily used the THORChain protocol for cross-chain swaps, contributing $800 million in trading volume and $910,000 in platform fee revenue to THORChain.