Axie Infinity Ronin Bridge Hacker Has Already Moved 38,293 ETH

Hackers hacked Ronin Network, the side-chain built to expand Axie Infinity, about a month ago, and made off with almost $615 million in ETH.

Out of the 173,000 ETH taken in the Ronin Bridge assault, the hackers appear to have cashed in 28,164 ETH, with a current market value of $86,128,384.73.

The hackers had already moved about 2000 ETH ($6 million) two weeks ago, and they are currently on the move once more.

The image below, taken from Reddit, shows a list of outgoing transactions related to the wallets involved in the exploit.

Reddit user ThatGuy222666 has been keeping track of the main wallet since the Ronin Bridge was exploited

It looks like the attackers are using multiple wallets to deposit the ETH into Tornado Cash, a crypto mixer that allows users to disguise their digital trail on the Ethereum blockchain.

According to the image below, it takes the hackers 4-6 hours to empty each new wallet of 100 ETH.

There are outliers, such as this wallet, to which the attacker sent 10,000 ETH over a day ago.

Whoever the exploiter is, the quantity of ETH transferred is constantly increasing.

“The most baffling part of the whole situation to me, is that 327 different wallets have actually sent this person small quantities of ETH in the hope he shares the wealth.” the Reddit user said.

Reddit user ThatGuy222666 continued to say: “I have never been so intrigued with a random person on the internet, This whole situation blows me away.”

The Reddit user finished off by saying:

“I plan on continuing to track where all this ETH goes purely out of curiosity, the absolute magnitude of this exploit is too much for my little brain to comprehend.”

According to the Reddit user, the hack was carried out by a single person who moved the funds slowly to prevent detection.

The address “was on a US watchlist before the exploit” and was “connected to North Korea,” according to the Reddit post. The astute user, on the other hand, believes the attack was carried out by 1-2 people.

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