🚨Balancer hacker large-scale rebalancing: 14,000 ETH has been converted to BTC

On-chain monitoring shows that the Balancer attacker has been continuously converting assets via THORChain since yesterday:

👉 Has exchanged 14,300 Ethereum
👉 for 419.3 Bitcoin
👉 Total value approximately 32.51 million USD

Currently, the assets of this hacker address are structured as follows:

ETH chain: about 7,700 ETH
BTC chain: about 419.3 BTC
Total assets approximately 50.4 million USD

It is worth noting that this attack occurred in November last year, when the stolen assets were about 98 million USD, and ETH price was around 3,600 USD at that time.

This also means that, after market price fluctuations and ongoing rebalancing, the asset value has shown significant volatility.

From on-chain behavior, hacker funds often go through a process of silence → dispersion → cross-chain conversion → redistribution, and the current stage clearly indicates entry into a cross-asset restructuring phase.

💡Motivational quote:
In the on-chain world, price is just surface; what truly tells the story is the flow of each fund.