TechFlow, April 21 — Bybit co-founder and CEO Ben Zhou recently disclosed that of the approximately 500,000 ETH (worth $1.4 billion) stolen in the hack, 68.57% remains traceable, 27.59% is now untraceable, and 3.84% has been frozen.
Funds flow analysis:
- 84.45% of the ETH has been converted to BTC via Thorchain
- 67.25% has been dispersed across 35,772 wallets (averaging 0.28 BTC each)
- 944 BTC flowed into the Wasabi mixer
- The hacker primarily used mixers such as Wasabi and CryptoMixer, along with various cross-chain protocols, to launder funds




