Binance Attacker Is Converting 970,522 SOL to Bitcoin

An attacker tied to the Binance hack is converting 970,522 SOL, worth about $95.9 million, into BTC.

During the past hour, 486,970 SOL, valued at about $46.4 million, was transferred as part of the swap. Relay Protocol is being used to route the SOL-to-BTC conversion. The two dollar estimates describe the larger conversion and the transfers made during the latest one-hour window.

The transaction involves nearly $96 million in SOL overall, while the recent transfers amount to about $46 million. The funds are moving through an exchange process that targets BTC, with Relay Protocol handling the route. The conversion is still in progress.