Summary
- The Bybit hacker is reportedly swapping Ethereum to DAI through multiple decentralized exchanges.
- The hacker has transferred $3.64 million worth of Ethereum to a specific address and is converting it to DAI for external transfers.
- This incident could pose potential risks to Ethereum holders.

Reports indicate that the Bybit hacker is transferring stolen Ethereum (ETH) externally through multiple decentralized exchanges (DEXs).
On the 24th (local time), lmk.fun (formerly Scopescan) announced via X that "the Bybit hacker is swapping Ethereum to Dai (DAI) using various DEXs including OKX DEX" and "after transferring $3.64 million worth of Ethereum to a specific address, they are converting it to DAI and moving it externally."

Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit



