Monitoring indicates that the Binance hacker continues to exchange SOL for BTC.

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Binance hacker is continuously converting SOL to BTC

BlockBeats news, November 4, according to Lookonchain monitoring, the Binance hacker is continuously converting SOL to BTC. They first distributed SOL to multiple wallets and sold it for USDC; then transferred USDC to the Ethereum network via a cross-chain bridge and bought ETH, and finally converted ETH to BTC through THORChain.

Original link https://m.theblockbeats.info/flash/375345

Key points

BlockBeats reported that the message came from Lookonchain monitoring.
The report claims that the relevant funds first dispersed SOL to multiple wallets and then sold them in exchange for USDC.
The report claims that USDC was subsequently transferred to the Ethereum network via a cross-chain bridge and used to purchase ETH.
The report claimed that ETH was ultimately swapped to BTC via THORChain.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

The report describes a multi-step asset conversion path: first selling SOL to obtain USDC, then bridging to the Ethereum network to buy ETH, and finally exchanging ETH for BTC.

Why it matters to readers

This message involves fund activities associated with the so-called "Binance Hack," as well as consecutive conversions between SOL, USDC, ETH, and BTC. It is worth paying attention to the actual ownership of the relevant funds and their subsequent destinations.

Beginners should view this as a fund trail relayed by the media from on-chain monitoring agencies, rather than a conclusion that has already been officially confirmed.

Risks and unknowns

The original text does not provide the relevant wallet address or transaction hash.
The original text does not disclose the exchange quantity, amount, or completion progress.
The original text did not provide official confirmation from Binance regarding the ownership of the funds.
It is impossible to independently verify, based solely on the original text, whether the relevant subjects are indeed Binance hackers.

Monitoring indicates that the Binance hacker continues to exchange SOL for BTC.

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AI-assisted interpretation

Why it matters to readers

Risks and unknowns

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