Elliptic: Binance hacker transferred out $51 million in XRP, most of which was swapped for BTC via THORChain.

November 8th - According to blockchain analytics firm Elliptic, the Binance hacker has accelerated XRP money laundering activities, with approximately 44 million XRP (about $51 million) transferred out of related addresses, most of which was exchanged for BTC via THORChain. Currently, about 148 million XRP remains, valued at approximately $173 million, mostly held in 3 of the 6 addresses that received funds on November 2nd, and the related funds in these 3 addresses have not moved since.

Mixing activities have also increased. Overnight, about 53 BTC (approximately $4 million) entered Wasabi-style mixing transactions, most of which was BTC just redeemed through THORChain. The cumulative amount mixed through this method has reached about 88 BTC, valued at approximately $6.7 million.

Regarding NEAR, approximately 412,000 NEAR (about $1.5 million) was transferred out from the main account in small batches. Currently, about 2,300 BTC, valued at approximately $175 million, formed from the exchange of other stolen assets, is stored in new Bitcoin addresses. The attacker's main BTC and ETH holdings remain unmoved.