Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
WCTC S8
Rewards

Balancer Hacker Converts 14,300 ETH to 419.3 BTC via THORChain

GateNews
ethereum newsbitcoin newsOn-Chain Data
BAL0.61%
ETH-1.98%
BTC-1.19%

Gate News message, April 25 — The Balancer hacker began converting ETH to BTC through THORChain yesterday (April 24) and has now swapped 14,300 ETH for 419.3 BTC, valued at approximately $32.51 million, according to on-chain analyst Yu Jin.

The attacker currently holds 7,700 ETH on the Ethereum blockchain and 419.3 BTC on the Bitcoin blockchain, with a combined value of approximately $50.4 million.

The stolen assets were originally worth $98 million when the hacker first obtained them in November 2025, when ETH was trading around $3,600. The reduction in value is primarily due to the subsequent decline in ETH price.

View Source
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related News

04-24 23:08
Ethereum Foundation Sells 10,000 ETH Worth $23.87M to Bitmine in OTC Deal
04-24 12:46
BlackRock Transfers 12,080 ETH and 113 BTC to Major Institutional Custodian
04-24 09:58
Balancer Attacker Converts 13,191 ETH to 386.52 BTC Worth $30.54M
04-24 00:31
Bitmine Stakes Nearly 192K ETH Worth $446.9M in 12 Hours
04-24 00:11
Bitmine Pushes ETH Staking to 70% of Holdings With $320M in Latest Allocation
In-Depth Analysis

Crypto Trader Says Bear Market Trend Rejected Bitcoin Twice, BTC Prepares for Bullish Narrative Shift

Crypto News Land04-24 11:11

Bitcoin breaks through $78,000, and the market moves out of the extreme fear range

ChainNewsAbmedia04-22 16:25

Bitmine Boosts Ethereum Treasury With $142M Buy as Staked ETH Holdings Climb

CryptoMeter io04-22 04:28
Comment
0/400
No comments