$30.54 million big repositioning! Balancer attacker swaps ETH for BTC, on-chain funds show large migration again

On-chain monitoring shows that the address related to the Balancer attack event 0xa6d6...BDaA recently completed a large-scale asset conversion.

This address has exchanged 13,191 Ethereum for 386.52 Bitcoin, with a total value of about $30.54 million.

After completing this round of asset conversion, the address still holds about 8,000 ETH, worth approximately $18.52 million.

From a fund behavior perspective, such operations usually have two core purposes: one is to reduce traceability risk through cross-asset conversions, and the other is to transfer assets into more liquid mainstream assets.

In the crypto market, every movement of large funds often hides strategy and logic.

Some only see asset transfers, while others see how funds seek safety and liquidity across different assets.

The market changes daily, but one thing remains constant:
Truly smart funds are always preparing in advance. 🚀