According to Onchain Lens and Ai Yi, wallets linked to the Balancer exploit have continued converting stolen ETH into BTC via THORChain and moving funds through Tornado Cash, with only 1,000 ETH reportedly remaining.
Wallets linked to the Balancer exploit have continued moving and converting stolen funds, with Onchain Lens reporting that 21,000 ETH was swapped for 617.43 BTC worth $48.72 million over the past three days and that 1,000 ETH worth $2.32 million remains. Earlier on-chain tracking showed lower cumulative figures, including 13,191 ETH swapped for 386.52 BTC and later 14,300 ETH for 419.3 BTC, alongside another 5,609 ETH sent to THORChain over nine hours. Ai Yi said the suspected actor overlaps with the Aave attack and has frequently used Tornado Cash. Source material also contains conflicting valuations of the original Balancer exploit, citing more than $116 million in losses and, elsewhere, $98 million in stolen assets.