The Venus attacker swapped BNB and other assets for ETH, with on-chain records showing a $9.92 million investment only reclaiming $5 million

2026.03.22 09:28:47

March 22 – Per on-chain analyst Wu Jinyan’s monitoring, the Venus attacker swapped all BNB, BTC, and CAKE obtained from the prior attack for ETH five hours ago, then cross-chained the funds to the Ethereum network. Specifically, 2,178 BNB, 20 BTC, and 1.466 million CAKE were converted into 2,257.3 ETH, valued at roughly $4.72 million. On-chain data shows the attacker initially invested around $9.92 million in the attack but has only withdrawn ETH worth approximately $5 million so far. Whether the attacker collaborated with a centralized exchange to execute long/short trades on related assets for extra gains remains unconfirmed.

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