KyberSwap Exploiter: Launders $6.8M ETH | Flash News Detail | Blockchain.News
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4/29/2026 6:23:00 AM

KyberSwap Exploiter: Launders $6.8M ETH

KyberSwap Exploiter: Launders $6.8M ETH

KyberSwap hacker moves 2,900 ETH worth $6.8M to Tornado Cash, echoing 2023's $47M reentrancy exploit amid bearish ETH price trends.

Source

Analysis

The KyberSwap exploiter just laundered 2,900 ETH valued at $6.8 million through Tornado Cash, as flagged by PeckShieldAlert. This ties back to the November 2023 reentrancy attack that drained roughly $47 million from the multi-chain DEX aggregator.

Blockchain trackers like Arkham Intelligence have spotted similar moves recently, with hackers increasingly relying on mixers like Tornado Cash for obfuscation—recall the massive $1.5 billion North Korean heist in February 2025 that funneled funds through it. These patterns highlight persistent vulnerabilities in DeFi, driving searches for 'crypto hack recovery' strategies and 'Tornado Cash sanctions history' as regulators tighten grips.

Zooming into ETH's 4-hour chart, price action clings to a bearish structure with the 200-EMA at $2252.67 acting as immediate resistance—ETH trades just below at $2239.32, unable to breach it amid a MACD death cross signaling weakening momentum at -18.21. RSI sits neutral at 38.49, but with price hugging the lower Bollinger Band support near $2218.76, any breakdown could accelerate a slide toward fresh lows, especially if Bitcoin's BTC dominance weighs on altcoins; this confluence screams caution for 'ETH price prediction' bulls eyeing a rebound without stronger volume.


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