The South Korean exchange, Upbit was hacked on 27th November and around 50$ million worth ethereum was stolen. Yesterday the amount was seen moving into another wallet. The Next Web report states that the hackers moved the funds through their wallet and split it in transactions ranging from 10 ETH to 100,000 ETH. The analyst tracking the hackers said that the hackers are searching for a platform to launder the funds and are sending “testing” amounts to Huobi.