Hacker Swaps 181,000 Stolen SOL for 7,918 ETH After Bridging to Ethereum

AI Market Summary
Onchain monitors report a theft of 181,000 SOL (~$14.2m) from an early Solana holder, with the attacker selling the SOL, bridging proceeds to Ethereum, and converting into 7,918 ETH. The episode highlights persistent wallet and operational security risks and can pressure SOL liquidity via forced selling, while also underscoring crosschain rails as a vector for rapid fund movement and laundering.
Impact level
● Medium
Affected assets
SOL/USDT-1.69%
AI Insight · SOL/USDTAI Insight
▼ Bearish
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Huo Xing Finance, citing on-chain monitoring, said blockchain investigator ZachXBT previously reported that an early Solana investor (OG) had 181,000 SOL stolen, worth about $14.2 million at current prices. The attacker later sold the full 181,000 SOL, moved the proceeds cross-chain to the Ethereum network, and ultimately converted the funds into 7,918 ETH. The transfer and conversion from Solana to Ethereum has now been completed. The underlying cause of the incident and the theft method have not been disclosed.