Solana (SOL) Route to Bitcoin (BTC) Ends in THORChain Swap

Enna Lee

1 min read

Solana (SOL) Route to Bitcoin (BTC) Ends in THORChain Swap

The path split SOL among multiple wallets, then moved through USDC, Ethereum and Ether (ETH) before a THORChain swap into Bitcoin (BTC).

By Enna Lee

Published Nov 4, 2026, 10:20 AM EST

Mentioned assets

SOL Solana
BTC Bitcoin
USDC
ETH Ethereum

Unmarked hardware wallets arranged in sequence on a charcoal surface / TokenPost.ai

The route ran from Solana (SOL) through multiple wallets to Bitcoin (BTC), ending in a THORChain swap; Lookonchain attributed the conversions to the Binance hacker.

The tracked path began when SOL was divided among multiple wallets and sold for USDC. The USDC was bridged to Ethereum and used to buy Ether (ETH).

THORChain was then used to exchange ETH for Bitcoin, making BTC the last asset in the route. Earlier swaps of more than 130 tokens attributed by Lookonchain to a Binance hacker produced Ether and USDC and were valued at roughly $279 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.