On February 24, BeosinTrace tracked the new address of the Bybit hacker 0x83c7678492d623fb98834f0fbcb2e7b7f5af8950 began to transfer at 14:52:59 on February 24, 2025. The old address 0x83c7678492d623fb98834f0fbcb2e7b7f5af8950 transferred all assets at 14:57:59 on February 24, 2025. BeosinKYT has labeled these addresses, and the destination address is mainly Thorchain. Thorchain has become the preferred fund laundering channel for hackers.