Cetus Exploit: $61 Million in Assets Converted to ETH

A recent blockchain analysis reveals a wallet linked to the Cetus exploit has moved over $61 million worth of assets, including USDC and SOL, into Ethereum. This conversion highlights persistent challenges within decentralized finance (DeFi), where the security of these systems is being tested constantly. The transaction patterns provide insights into the post-exploit tactics used by those behind such breaches, with analysts uncovering key strategies for concealing illicit funds. 🔎