Summary
- It was reported that the Bybit hacker laundered 14,300 ETH.
- The analysis revealed that the hacker still holds 218,000 ETH.
- This large-scale money laundering serves as a warning to investors and could be an important factor in investment decisions.

It appears that the Bybit hacker is steadily laundering the stolen funds.
According to virtual asset (cryptocurrency) on-chain analyst Amber CN on the 1st (local time), Bybit is believed to have laundered 14,300 ETH ($32.2 million) over the past 24 hours.
The hacker has shown no movement such as money laundering or transfers since 3 PM the previous day, and the hacker is still holding 218,000 ETH.

Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.



![[Analysis] “Bitcoin at risk of a fifth straight monthly decline…worst bear market since 2018”](https://media.bloomingbit.io/PROD/news/4842663d-6c96-44c4-a3d3-63aa6686644a.webp?w=250)

