$300M Coinbase Hacker Buys $18.9M in Ether as ETH Breaks Above $4,700

$300M Coinbase hacker buys $18.9M in Ether as ETH breaks above $4,700

A wallet tied to the $300 million Coinbase hack just bought 3,976 ETH for $18.9 million, continuing its activity after months of surveillance by analysts.

Coinbase $300 million hacker just splashed $19 million on this crypto

The hacker linked to the $300 million Coinbase heist is back in action, continuing to deploy stolen funds, this time on the Ethereum (ETH) network. On-chain analysis reveals that the wallet linked to the exploit purchased 3,976 ETH, worth $18.9 million, at $4,756 per coin, according to data retrieved by Finbold from Arkham on September 13. This isn’t the attacker’s first move. Over the past week, blockchain analysts have tracked multiple high-va…

Coinbase Hacker Converts $18.91M DAI Into 3,976 ETH at $4,756 Average, On-Chain Analyst Reports

The post Coinbase Hacker Converts $18.91M DAI Into 3,976 ETH at $4,756 Average, On-Chain Analyst Reports appeared on BitcoinEthereumNews.com. COINOTAG News on September 13 cited on-chain analyst Wu Jinyan, reporting that within a 30-minute window an address linked to the Coinbase incident executed a conversion of 18.91 million DAI to acquire 3,976 ETH, at an average purchase price of $4,756 per ETH. On-chain data shows a concentrated swap from s…