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Bybit hackers have cleaned up more than 50% of stolen Ethereum in a week, mainly through THORChain conversion

According to Spot On Chain, the Bybit hackers have whitewashed more than 50% of the stolen Ethereum within a week of the attack. The data shows that in the past 5.5 days, the hackers have successfully whitewashed 266,309 ETH (~ $614 million) - 53.3% of the total 499,000 ETH stolen - converting it to Bitcoin mainly through THORChain, processing an average of about 48,420 ETH per day. According to the current processing speed, the remaining 233,086 ETH in the hands of hackers could be emptied in just about five days.