A wallet identified by Lookonchain as linked to the Binance hacker is converting stolen SOL into BTC. The address, shown as AffzFDKZ...GigBEaU, is said to be swapping 970,500 SOL with an estimated value of $95.9 million.
Lookonchain said that in the past hour alone, the wallet moved 487,000 SOL, worth about $46.4 million based on the figures cited in the update. The conversion is currently being carried out through Relay Protocol.
The update did not provide more detail on execution prices, destination wallets, or whether the full amount has already been converted. The monitored activity centers on the movement of SOL and its ongoing swap into BTC.
According to Lookonchain, a wallet tied to the Binance hacker, identified as AffzFDKZ...GigBEaU, is converting 970,500 stolen SOL into BTC. The amount was valued at about $95.9 million in the update.
In the past hour, the wallet moved 487,000 SOL, worth roughly $46.4 million. Lookonchain said the address is currently using Relay Protocol to swap SOL for BTC.
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