Lookonchain
The Binance hacker is swapping 970,522 SOL, valued at $95.9 million, for BTC through Relay Protocol. In the past hour, the wallet moved 486,970 SOL worth $46.4 million and began converting it.
Why it matters
The reported swap moves stolen funds from SOL into BTC. That changes the asset investigators and market watchers need to track, while the use of Relay Protocol identifies the route named in the reported transactions.
Market impact
The latest transfer represents about half of the reported SOL total. The figures describe the scale of the movement, but do not establish how much BTC has been received or whether the remaining SOL will also be swapped.
Frequently asked questions
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How much SOL is the Binance hacker reported to be swapping?
The reported amount is 970,522 SOL, valued at $95.9 million.
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How much SOL moved in the past hour?
The hacker moved 486,970 SOL, valued at $46.4 million, in the past hour.
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Which assets are involved in the reported conversion?
The reported swaps convert SOL into BTC.
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What route is being used for the swaps?
The swaps are taking place through Relay Protocol.
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Does the report say how much BTC the hacker has received?
No. The reported figures give the SOL moved and its value, but do not state how much BTC has been received.
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