A cryptographic portfolio connected to the famous Hack Coinbase of $ 300 million has reappeared with another suspicious movement on Ethereum blockchain.
During the weekend, the address acquired 3,976 ETH worth around $ 18.9 million, according to data on the Arkham Intelligence channel. The purchase was executed using 18.9 million DAI, a stablecoin, and divided on several transactions before being consolidated in the purchase.
The transaction occurred just when Ethereum exceeded $ 4,700, marking its highest level in more than two weeks. Currently, ETH is traded at $ 4,538, down 2.9% in the last 24 hours.
ETH's price trends to the upside on the daily chart. Source: ETHUSD on Tradingview
A daring acquisition model
This is not the first time that the wallet has made waves. In July, he bought 4,863 ETH for $ 12.6 million and then added $ 649 ETH to $ 3,562 per token. Last month, the same portfolio collected $ 8 million in Solana (ground), although this position has since slipped below the entry price.
Analysts say that the strategy shows deliberate consolidation of funds, often observed in money laundering tactics. The rupture of smaller quantities transactions and the use of confidentiality tools allows the hacker to hide the movements, which makes monitoring more difficult.
Blockchain investigator Zachxbt previously said that the social engineering scam linked to the drained corner at least $ 330 million from victims, warning that the real figure can be considerably higher.
Increasing concerns concerning the increase in cryptography hacks
Ethereum’s latest purchase shows wider concerns in the cryptography industry, where hacking losses reached $ 163 million in August only, according to the security company Peckshield.
The exploits going from intelligent contract bugs to social engineering and transversal vulnerabilities of bridges, portfolios like this continue to constitute a major threat to the confidence of investors.
Although Coinbase does not offer a reward of $ 20 million for information on the authors and the tightening of security, the pirate remains unidentified. The latest $ 19 million grab proves resilience and audacity of cybercriminals operating in space.
As cryptographic rallies and institutional entries are developing, the question remains: is the hacker simply to take up bruise, or is it a part of a deeper strategy to whiten stolen funds? Blockchain regulators and investigators watch carefully, but for the moment, the world of cryptography is found with more questions than answers.
Cover the image of Chatgpt, Ethusd Chart of TradingView
Editorial process Because the bitcoinist is centered on the supply of in -depth, precise and impartial content. We confirm strict supply standards, and each page undergoes a diligent review by our team of high -level technology experts and experienced editors. This process guarantees the integrity, relevance and value of our content for our readers.
