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The KelpDAO hacker has swapped nearly all of its 75,700 ETH holdings, worth about $175 million, into BTC over roughly a day and a half.

The cross-chain swaps were primarily routed through THORChain. Due to the sheer size of the transactions, the laundering activity also generated about $800 million in volume and roughly $910,000 in platform fee revenue for THORChain.

Source: x.com/EmberCN/status/20471168…

https://nitter.r2d2.to/pic/orig/media%2FHGkGmYIasAAF9-x.jpg

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