[Balancer Hacker Has Converted 14,300 ETH into 419.3 BTC] Odaily Planet Daily reports that, according to on-chain analyst Yu Jin's monitoring, the Balancer hacker began converting ETH to BTC via THORChain yesterday. So far, they have converted 14,300 ETH into 419.3 BTC ($32.51 million). Currently, they still hold 7,700 ETH on the Ethereum chain and 419.3 BTC on the Bitcoin chain, with a total value of $50.4 million. The assets stolen last November were worth $98 million at the time, but their value has significantly decreased since then, as the price of ETH was around $3,600 back then.