According to Odaily, hackers have successfully laundered 499,000 ETH, valued at approximately $1.39 billion, stolen from Bybit within a span of 10 days. During this period, the price of ETH dropped from $2,780 to $2,130, marking a 23% decline. The hackers primarily used THORChain for laundering the funds, resulting in a transaction volume of $5.9 billion on the platform and generating around $5.5 million in fee revenue.

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