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The Binance hacker is swapping the stolen 970,522 $SOL ($95.9M) for $BTC

Lookonchain SOLBTC Bearish

Lookonchain reports the Binance hacker is swapping 970,522 SOL (about $95.9M) for BTC through Relay Protocol, with 486,970 SOL (about $46.4M) moved in the past hour. The ongoing conversion of stolen funds adds sell pressure on Solana and ties into the broader Binance hack fallout that traders are tracking closely.

Read the full story on Lookonchain