Bybit Hacker Continues to Move Stolen Ethereum

According to PANews, recent monitoring by EmberCN reveals that over the past 24 hours, a hacker targeting Bybit has transferred 71,000 ETH, valued at approximately $170 million. Since February 22, the hacker has successfully laundered 206,000 ETH, which accounts for 41% of the initially stolen 499,000 ETH. The hacker is persistently converting ETH into other on-chain assets, with an average daily transfer of 45,000 ETH. Currently, the hacker's address still holds 292,000 ETH, worth around $685 million, indicating that the laundering activities are expected to continue.