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Bybit hackers have washed away about $224 million in ETH, mainly through THORChain cross-chain exchange

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Reprinted from panewslab

02/25/2025·2M

PANews reported on February 25 that according to Ember Monitoring, Bybit hackers have washed away 89,500 ETH (worth about US$224 million) in the past 2.5 days, accounting for 18% of the total amount of ETH stolen (499,000). According to the current redemption frequency, hackers expect to exchange the remaining 410,000 ETH into other assets (such as BTC, DAI, etc.) within half a month. Currently, hackers mainly use THORChain to exchange cross-chain assets.

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