KelpDAO hacker exchanged 75,700 ETH for BTC, with a transaction value of 175 million dollars

By: rootdata|2026/04/23 01:42:00

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According to on-chain analyst Yu Jin's monitoring, within a day and a half, the KelpDAO hacker has exchanged nearly all of the 75,700 ETH (175 million USD) for BTC.

The hacker mainly used the THORChain protocol for cross-chain exchanges, contributing 800 million USD in trading volume and 910,000 USD in platform fee revenue to THORChain.

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