The Orbit Bridge was exploited and lost around $81.6M worth of 5 assets on January 1, 2024, including:

• 30M USDT
• 9,500 ETH ($21.7M)
• 10M USDC
• 10M DAI
• 230.9 WBTC ($9.9M)
• Orbit Chain: ETH Vault: 0x1bf68a9d1eaee7826b3593c20a0ca93293cb489a
• Check out all addresses related to the Orbit Bridge Exploiter here

We noticed that the exploiter had swapped all 30M USDT and 230.9 WBTC to 17,250 ETH ($39.7M) at an average price of $2,301, shortly after the hack.

As such, the exploiter gains another $1.45M in unrealized profit from buying ETH before the price pumped by 3.8% to almost $2,400 in the past 24 hours.

Current total ETH holding: 26,777 ETH ($64M).

Fig 1. The Orbit Bridge Exploiter swapped all USDT and WBTC to ETH ($39.7M).

Fig 2. The Orbit Bridge Exploiter's current ETH holding.

Fig 3. The Orbit Bridge confirmed the exploit on January 1, 2024.