TechFlow reports, on February 28, according to monitoring by Spot On Chain, the Bybit hacker has laundered over 50% of the stolen Ethereum within one week of the attack. Data shows that within the past 5.5 days, the hacker successfully laundered 266,309 ETH (approximately $614 million)—53.3% of the total 499,000 ETH stolen—primarily converting it into Bitcoin via THORChain, averaging around 48,420 ETH processed daily.
At this current pace, the remaining 233,086 ETH in the hacker's possession could be fully liquidated in about five days.
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