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This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
A wallet linked to the infamous $300 million Coinbase hack has made a significant Ethereum purchase, acquiring nearly 4,000 ETH worth $18.9 million. The transaction occurred as Ethereum surged past $4,700, signaling the hacker’s continued confidence in the asset. Blockchain analysts have been monitoring this wallet since its connection to the social engineering scam earlier this year.
- Hacker consolidated DAI amounts ranging from $80,000 to $6 million before executing ETH purchases
- Transaction occurred at approximately $4,756 per ETH during Saturday's trading
- Wallet has been under active surveillance by blockchain analysts since early 2024
📎 Read the original article on cointelegraph.com