Wu said that on-chain analyst Specter stated that the funds from the KelpDAO cross-chain bridge attack have entered the splitting and cross-chain laundering stage; the attacker dispersed the assets to multiple addresses, and one address quickly initiated a money-laundering process after receiving the funds, with about 99% of the funds transferred into the THORChain-bridged network and then routed into the Bitcoin network, driving the protocol’s single-day trading volume to about $211 million (approximately 10 times the 30-day average); currently, about 442 BTC (about $33 million) are distributed across multiple addresses, and more than 400 addresses have been cumulatively involved in transfers, with some funds mixed with historically North Korea-related attack funds.

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