Data: Approximately 124 million USD stolen from Binance has been converted into BTC, nearly doubling compared to the previous day

According to blockchain analysis company Elliptic, as of November 6 at 16:45 Beijing time, approximately 1,650 BTC (about 124 million USD) related to the Binance theft incident has entered new Bitcoin addresses, nearly double that of the previous day. The newly added portion mainly comes from exchanging XRP for Bitcoin through THORChain: hackers transferred 233 million XRP into 6 new addresses on November 2, of which about 42 million (approximately 50 million USD) has been withdrawn, leaving about 192 million (approximately 226 million USD). In addition, a small amount of ETH was also exchanged for Bitcoin through THORChain on the evening of November 5.