Didn’t they already move it into bitcoin?
Discussion
they will obvs try everything they can to move as much as possible but there is not nearly enough liquidity on the defi world to move 1.5 billy worth. it will be a game of wack-a-mole by these defi exchanges, centralized exchangez, and anyone on the other side of the trade will prob get stuck with the ofac sanction coin.
im sure theyre all scrambling rn.. but you cant magically teleport eth into bitcoin without an exchange taking place 🚑
I thought they already moved 1B but maybe I misread
i wish i had more info on it but the reality is, prob very few really know what has happened even if i were to go signup on twitter 😂
you'd have to be close to bybit, have all their addresses and forensics and be a chain analysis mastermind..