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COINOTAG News, citing on-chain analyst Yu Jin, reports that this morning StakeWise used a contract call to recover 5,041 osETH—roughly $19.3 million—from the Balancer hack. The recovered amount reduces the total stolen from $117 million to $98 million, per the latest on-chain data.
Meanwhile, the attacker has been progressively converting LST (liquid staking tokens) back into ETH, with more than half of the abducted assets now transitioned to ETH, indicating a partial unwind that remains under active scrutiny by analysts and exchanges.
Analysts say ongoing recovery activity highlights the value of on-chain transparency and robust risk controls for DeFi projects associated with complex incidents, supporting market confidence and clearer post-incident communication.
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