KelpDAO Exploiter Transfers Funds to Bitcoin | Flash News Detail | Blockchain.News
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4/24/2026 2:16:00 AM

KelpDAO Exploiter Transfers Funds to Bitcoin

KelpDAO Exploiter Transfers Funds to Bitcoin

KelpDAO exploiter moves $1,979 BTC from Ethereum to Bitcoin via THORChain, while Balancer exploiter resumes laundering after 5 months.

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The KelpDAO exploiter wrapped up shifting all stolen funds from Ethereum to Bitcoin, routing primarily through THORChain for a total of 1,979 BTC, as blockchain security firm PeckShield reports. At the same time, the Balancer exploiter snapped out of five months of inactivity, kicking off money laundering operations again via THORChain, spotlighting persistent vulnerabilities in DeFi protocols amid rising crypto laundering trends and THORChain exploit risks.

Zooming into RUNE's 4-hour chart, price action holds a bullish structure with the token grinding above the EMA50 at $0.45 and EMA200 at $0.42, acting as firm long-term supports that buyers defend aggressively. Yet the MACD flashes a bearish death cross at 0.01, signaling weakening momentum even as RSI sits neutral at 59.46, not yet overbought. Price trades snug inside the Bollinger Bands, testing the upper resistance at $0.52 while the lower support at $0.42 aligns perfectly with the EMA200—this confluence screams a potential volatility squeeze, where exhaustion at the upper band could trigger a sharp pullback to $0.45 before bulls reload for another leg up, especially with Bitcoin hype driving cross-chain flows.


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PeckShield is a prominent blockchain security firm that provides comprehensive solutions aimed at safeguarding the blockchain ecosystem.