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TechFlow reports that on March 4, according to on-chain analyst EmberCN (@EmberCN), the hacker has completed laundering all 499,000 stolen ETH (approximately $1.39 billion) from Bybit, a process that took 10 days.
During this period, ETH price dropped 23%, falling from $2,780 to $2,130. The hacker primarily used THORChain for money laundering activities, generating $5.9 billion in trading volume and $5.5 million in fee revenue for the platform.
According to on-chain analyst EmberCN (@EmberCN), the hacker has completed laundering all 499,000 ETH (approximately $1.39 billion) stolen from Bybit, a process that lasted 10 days. During this period, ETH price dropped 23%, falling from $2,780 to $2,130. The hacker primarily used THORChain for the money laundering, generating $5.9 billion in transaction volume and $5.5 million in fee revenue for the platform.
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