The Balancer exploiter has swapped 13,191 ETH valued at $30.54 million for 386.52 BTC over the past 15 hours, according to on-chain data. This move leaves the hacker with 8,000 ETH worth $18.52 million, signaling potential further swaps in the volatile crypto market. Such ETH to BTC conversions highlight shifting preferences amid broader crypto hacker activity, reminiscent of similar exploits in the last six months that pressured Ethereum's liquidity.

On the technical front, ETH trades at $2317.39 in a bearish setup, pressing against the EMA50 resistance at $2327.07 while finding tentative footing above the EMA200 support at $2232.05. With MACD confirming a death cross at -5.0 and RSI neutral at 45.39, price action squeezes inside Bollinger Bands—upper resistance at $2410.32 caps upside, but a breach below lower support at $2274.39 could accelerate downside toward EMA200 confluence, especially if hackers dump more amid Bitcoin's hype as a safe haven.