Balancer attacker's address moves 5609 ETH worth $13M to THORChain amid Lazarus Group links, highlighting ETH laundering methods via Tornado Cash.

Balancer hacker converts 14,300 ETH to 419.3 BTC via THORChain, holding $50.4M total amid ETH price drop from $3600.

Balancer hacker converts 7,000 ETH to 204.7 BTC worth $15.88M via THORChain, following KelpDAO incident, amid ETH price at $2306.47 in bearish trend.

KelpDAO hacker swaps 75,700 ETH worth $175M into BTC via THORChain, boosting platform's $800M volume and $910K fees amid ETH price prediction trends.

Santiment dives into THORChain/Arbitrum KelpDAO exploit, analyzing $RUNE and $ARB price reactions, social volume spikes, and key analyst takeaways for crypto traders.

RUNE price jumps 19% since April 20 with social volume spiking 5-10x, tied to THORChain laundering reports, while ARB buzz surges but price stays flat.

According to @PeckShieldAlert, a Kraken user identified as 0xC551...acA21, who previously spent $18M to acquire 8,662 ETH, has been compromised through a social engineering attack. The hacker transferred $1.7M worth of ETH through Thorchain to HitBTC. This event raises concerns about user security and reinforces the need for robust safeguards in cryptocurrency storage and transactions.

According to @EmberCN, a Kraken user has reportedly fallen victim to a social engineering attack, resulting in the loss of 8,662 ETH (approximately $18.19 million). The attacker has begun transferring the stolen funds, initially converting 878 ETH (around $1.78 million) into 26.5 BTC through the cross-chain swap platform THORChain. This incident highlights the vulnerabilities in crypto asset security and the importance of enhanced protective measures.

According to @OnchainLens, a cryptocurrency whale executed a major transaction by swapping 102 BTC (valued at $7.23 million) for 3,489 ETH through the ThorChain protocol. This trade highlights significant liquidity movements and underscores ThorChain's capability in facilitating large-scale swaps within decentralized ecosystems.

According to @OnchainLens, a significant crypto whale has executed a transaction swapping 99.5 BTC, valued at approximately $6.7 million, to acquire 3,347 ETH through ThorChain at an exchange rate of 0.0297 BTC per ETH. This large-scale transaction highlights active trading interest in ETH and the use of decentralized platforms like ThorChain for high-value swaps.

According to PeckShieldAlert, the IoTeX.io Bridge has suffered a hack resulting in over $8 million worth of cryptocurrency being stolen due to a compromised private key. The hacker has reportedly swapped the stolen funds into ETH and is using Thorchain to bridge them into BTC, raising concerns about the security of cross-chain bridges.

According to @zachxbt, a threat actor bridged funds from Bitcoin (BTC) to Ethereum (ETH), Litecoin (LTC), and Ripple (XRP) via THORChain, with the swaps identifiable by OP_Return memos shown in the attached screenshots, source: @zachxbt. He states the main counterparty taking the other side of these THORChain swaps uses Binance for arbitrage, source: @zachxbt. He identifies bc1qgkjems88jyk8hasj9ncspxz093nepdn00vaq0y as the THORChain user (threat actor) and labels bc1q30drw0j0erj804lyvl8pxrj789kaplpu2dryx9 and bc1q5yn5hpduzgcpskxjk49dyaczjsgwg5zvwsnahc as Asgard vault addresses, source: @zachxbt. He notes these transactions can be verified via THORChain block explorer evidence using OP_Return memos that mark THORChain swaps, source: @zachxbt. He adds that while Arkham is a useful free analytics tool, it does not attribute cross-chain swaps or UTXO flows well, cautioning analysts on cross-chain attribution, source: @zachxbt. For traders, the identification of a Binance arbitrage counterparty and specific Asgard vault addresses enables targeted monitoring of RUNE liquidity and cross-chain flows between BTC, ETH, LTC, and XRP on THORChain, source: @zachxbt.

According to @EmberCN, a whale or institution today swapped 404 BTC worth about $38.84M for 11,533 ETH using THORChain cross-chain swaps (source: @EmberCN). Over the last two days, the same entity cumulatively converted 686.1 BTC worth about $65.17M into 19,631 ETH at an average execution price of $3,302 per ETH (source: @EmberCN). These on-chain BTC to ETH rotations via THORChain highlight concentrated ETH buy flow versus BTC sell flow, a setup traders can track through the ETH/BTC pair and THORChain liquidity for short-term flow monitoring (source: @EmberCN).

According to Onchain Lens, a whale swapped 323.26 BTC worth 31.15 million USD for 9,240.6 ETH, bringing the two-day total to 686 BTC worth 65.16 million USD exchanged for 19,631 ETH via ThorChain at a stated price of 3,319 USD per ETH, source: Onchain Lens. The earlier tranche was 363 BTC worth 34 million USD for 10,390.5 ETH at 3,273 USD per ETH, while the latest tranche implies about 3,370 USD per ETH based on 31.15 million USD for 9,240.6 ETH, sources: Onchain Lens and calculations from Onchain Lens figures. The swaps route through ThorChain address 0xF73a4EbC3d0984F166AC215471Cc895cB4F5cc21, which can be reviewed on the ThorChain explorer and Arkham Intel for transaction activity confirmation, sources: ThorChain explorer address 0xF73a4EbC3d0984F166AC215471Cc895cB4F5cc21 and Arkham Intel explorer for the same address. This flow represents net on-chain selling of 686 BTC and net purchase of 19,631 ETH, providing concrete BTC-to-ETH flow data relevant for ETH BTC pair monitoring and liquidity tracking, sources: Onchain Lens and ThorChain explorer address 0xF73a4EbC3d0984F166AC215471Cc895cB4F5cc21.

According to @OnchainLens, over the past 2 days a whale swapped 363 BTC (about $34M) for 10,390.5 ETH at an average price of $3,273 via ThorChain, source: Onchain Lens X post dated 2026-01-16; ThorChain explorer address 0xF73a4EbC3d0984F166AC215471Cc895cB4F5cc21; Arkham Intelligence address page. The implied ETH/BTC rate was roughly 28.63 based on 10,390.5 ETH divided by 363 BTC, source: Onchain Lens figures; ThorChain explorer records. The involved wallet is 0xF73a4EbC3d0984F166AC215471Cc895cB4F5cc21 and can be monitored on ThorChain and Arkham Intelligence for further on-chain movements, source: ThorChain explorer; Arkham Intelligence.

According to @lookonchain, a whale swapped 282.17 BTC (approximately $26.33M) for 8,098 ETH via THORChain today (source: x.com/lookonchain/status/2011342447302115553; source: thorchain.net/address/0xF73a4EbC3d0984F166AC215471Cc895cB4F5cc21). @lookonchain also reports that over the past 16 days a whale cumulatively exchanged 1,466 BTC (approximately $132M now) for 43,649 ETH (approximately $139M now) (source: x.com/lookonchain/status/1998973903436394743; source: thorchain.net/address/0x9F619C4F0E0519ead0aA4F35ceA7aF313D35A87c?type=swap&page=1). The activity is linked to addresses tracked for verification on Arkham Intelligence (source: intel.arkm.com/explorer/address/0x9F619C4F0E0519ead0aA4F35ceA7aF313D35A87c; source: intel.arkm.com/explorer/address/0x7Cb55E2503877fb46d8b30ff6Bb4735Ffcc17dfc).

According to @EmberCN, a large whale or institution swapped 282.1 BTC, approximately $26.33 million, for 8,098 ETH via THORChain at an ETH price of $3,251. Source: @EmberCN. The entity still holds 646.5 BTC valued around $61.68 million. Source: @EmberCN. The ETH receiving address was disclosed by the source. Source: @EmberCN.

According to @lookonchain, Erik Voorhees deposited another 1,635 ETH, valued at approximately $4.81 million at the time, into THORChain to swap for BCH (source: @lookonchain on X, Dec 25, 2025). @lookonchain provided on-chain transaction links indicating the deposit and planned ETH-to-BCH swap route via THORChain (source: @lookonchain on X, Dec 25, 2025).

According to Lookonchain, a 9-year-dormant wallet (0x03b5) exchanged 4,619 ETH, valued at about 13.42 million USD, for 24,950 BCH over the past two weeks, indicating a large-scale rotation from ETH to BCH. According to Lookonchain, the activity was surfaced alongside on-chain references to THORChain and Arkham pages tracking addresses 0x3508... and 0x03b5.... According to Lookonchain, the reported totals imply roughly 5.40 BCH per ETH and about 538 USD per BCH based on the USD value it provided. According to Lookonchain, the wallet is possibly linked to Erik Voorhees, though this attribution remains unconfirmed.

According to @lookonchain, a whale exchanged 1,466 BTC valued around USD 132M now for 43,649 ETH valued around USD 139M now over the past 16 days, indicating a large BTC to ETH rotation based on on-chain traces (source: https://twitter.com/lookonchain/status/1998973903436394743). The swaps are traceable via the THORChain swap address 0x9F619C4F0E0519ead0aA4F35ceA7aF313D35A87c (source: https://thorchain.net/address/0x9F619C4F0E0519ead0aA4F35ceA7aF313D35A87c). Related wallet activity is visible on Arkham Intelligence at 0x9F619C4F0E0519ead0aA4F35ceA7aF313D35A87c and 0x7Cb55E2503877fb46d8b30ff6Bb4735Ffcc17dfc (source: https://intel.arkm.com/explorer/address/0x9F619C4F0E0519ead0aA4F35ceA7aF313D35A87c and https://intel.arkm.com/explorer/address/0x7Cb55E2503877fb46d8b30ff6Bb4735Ffcc17dfc). Based on the reported unit counts, the flow implies roughly 29.8 ETH per BTC and a combined current notional near USD 271M, derived from the same figures shared by @lookonchain (source: https://twitter.com/lookonchain/status/1998973903436394743).