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Balancer Exploiter Resumes Moving Ether Into Bitcoin Through THORChain

cryptocrypto-hacks 1 posts · 1 accounts

The exploiter behind Balancer's roughly $120 million theft has resumed moving funds after a five-month pause, according to blockchain security firm Cyvers.

Cyvers said the exploiter transferred 1,100 Ether worth about $2.55 million in the past several hours and was converting the tokens into Bitcoin through THORChain. The funds were sitting in two Bitcoin addresses, it said.

From the sources (1 posts)

@cyversalerts

🚨UPDATE🚨The @Balancer exploiter, responsible for stealing around $120M, is active again after five months and is now laundering funds by swapping $ETH for $BTC through @THORChain . In the last couple of hours, the exploiter transferred 1,

Preview built on a synthetic news corpus (16 weeks, Apr–Jul 2026). Impact calls are model reads, not price data.

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