The shocking scales of $ 1.4 billion hacks on the Crypto Exchange Babit will undoubtedly appear in the coming days and weeks.
However, as a bibit, players from other exchanges and blockchain Sleiths work on the hackers, showing on-chain data that the culprit immediately became busy trying to move his atherium (ETH) loot.
What did the bybit hacker do?
According to Nansen, a multi-chain artificial intelligence analytics platform, Nansen, the total amount stolen in The Hist at the time of Breech was $ 1.44 billion.
Fund’s on-chain trail Show off The hacker took out the price of a bibit of 401,347 Eth in about $ 1.12 billion and another $ 320 million in stake ath token.
This includes $ 90,376 Lido Stacked Ath (Stath) $ 253.16 million and 15,000 Mental Restcade Ath (CMETH) priced at $ 44.13 million. The attacker also priced $ 23 million with 8,000 mental stacked Ath (Meth).
Funds sent to more than 40 wallets
The main wallet of the hacker, according to the on-chant data shared by Nansen, was 0X47666666666666666bd0ac7003Bce3F5C3F5C35C3585383F094866e2. After committing the deception of Bibit multisigent saints, the hacker immediately began to move the stolen funds.
First, hackers or hackers converted Stath, Semeth, and Meth tokens into ether, then removed them to $ 27 million. Funds were divided into more than 40 wallets from the primary wallet used in the attack.
Most of these wallets still capture the distributed Ath.
How did Crypto react to Bibit Hack?
Crypto Market has reacted negatively to hack, the total market cap takes a dip of over 4% as most of the ultcoin slipped. Although the decline in recent recession is modest, the atherium is more than 4%.
Bitcoin is also about 3%below, with two trading $ 95,500 for BTC and $ 2,630 for Ath. More clarity on how the market will react to the incident, what happens next.
However, Some analyst Opine’s hackers are unlikely to cache out through stabechoids – which can freeze tether or circle – hack may have taken a pressure of $ 1.4 billion to sell the Eth of ATH.
