The wallet used the momentarily opening to swap their FTM tokens for depegged assets on the Fantom network and transfer them to the Ether network, regaining their total value.
The wallet address starting from 0x4372 first withdrew 1.9 million FTM tokens from Binance and swapped it for Bitcoin on the Fantom Network and then used the BTC for a cross-chain transfer through the Multichain bridge to Ethereum and received:The wallet address later bridged out the assets and transferred them to Binance. However, more than the wallet address in question, the crypto community was focused on the “Multichain executor.
"Upon inspecting Multichain, we observed that it still has some chains that are operational, such as KCC, Moonriver, and Moonbeam. It is likely that the team behind Multichain is attempting to restart their operations."