Gate News Report, March 22 — According to on-chain analyst Yu Jin’s monitoring, the Venus attacker exchanged all BNB, BTC, and CAKE previously extracted from Venus during the attack into ETH five hours ago and bridged them to the Ethereum network. Specifically, they converted 2,178 BNB, 20 BTC, and 1.466 million CAKE into 2,257.3 ETH, worth approximately $4.72 million. Based on on-chain data, the attacker initially invested about $9.92 million to launch the attack and has currently recovered only about $5 million worth of ETH. It is still unclear whether they coordinated with centralized exchanges for margin trading or other activities to gain additional profits.
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