- Bybit hackers laundered 45,900 ETH ($113M) in the last 24 hours.
- The total laundered ETH stands at 135,000 ($335M).
- 363,900 ETH ($900M) is still in the hacker’s wallet, expected to be laundered soon.
The recent Bybit hack has escalated further as hackers laundered 45,900 ETH, worth approximately $113 million, in the past 24 hours. The total amount laundered now stands at 135,000 ETH, valued at around $335 million, according to blockchain security firm EmberCN. At the current rate, the hackers could continue laundering significant amounts over the next several days.
Massive Stolen ETH Still in Possession
Despite already moving large sums, the hacker’s wallet still holds 363,900 ETH, worth nearly $900 million. If laundering continues at the same frequency, experts predict that the remaining ETH could be processed over the next 8 to 10 days. This large-scale laundering operation has raised concerns in the crypto community regarding the security of funds on centralized exchanges.
Bybit hackers have laundered 45,900 ETH (about $113 million) in the past 24 hours. Hackers have laundered a total of 135,000 ETH (about $335 million), according to @EmberCN. Currently, the hacker's address still holds 363,900 ETH (about $900 million), which will be laundered in…
— Wu Blockchain (@WuBlockchain) February 26, 2025
Increased Security Measures and Warnings
The Bybit hack has prompted exchanges and regulatory authorities to tighten security measures and track suspicious transactions. Blockchain security firms and law enforcement agencies are monitoring the hacker’s wallet movements, hoping to intercept funds before they are completely laundered. Traders and investors are advised to exercise caution and ensure strong security measures for their digital assets.
