PANews April 25 news, according to on-chain analyst Ai Yi's monitoring, the address linked to the Balancer theft incident in November 2025 (which resulted in a loss of over 116 million dollars) transferred 5,609 ETH, approximately 13 million dollars, to the cross-chain protocol THORChain in the past 9 hours for further money laundering and cross-chain swapping.

As of April 25, the Balancer hacker has cumulatively swapped 14,300 ETH for 419.3 BTC (approximately 32.51 million dollars) through THORChain and is still in the process of dismantling and transferring the remaining stolen funds.

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