Hackers have converted all $23 million stolen from Bitrue into ETH

Odaily Planet Daily News According to on-chain analyst Yu Jin's monitoring, it took two years for the hacker to exchange all the $23 million in assets stolen from Bitrue into ETH and laundered through Tornado. The value is not only $9.36 million higher than the initial theft, but the hacker also made a profit of $4.72 million by selling high and buying low on ETH. In April 2023, the hacker stole various tokens worth $23 million from the Bitrue exchange, and then exchanged these assets for ETH; In March 2024, he sold 4,207 ETH at $3,885 for 16.345 million DAI; In April 2025, he laundered 1,050 ETH through Tornado; Today (2025/6/12), he transferred 5,111.5 ETH and 16.345 million DAI to a new address, and then bought 16.345 million DAI for 5,917.8 ETH at $2,762. Then he laundered all 11,029.3 ETH (30.46 million USD) through Tornado. In other words, the $23 million in assets stolen by hackers from Bitrue were eventually exchanged for 12,079 ETH and transferred through Tornado. At this time, the value became $32.36 million, an increase of $9.36 million from the initial value.