The portfolio address marked by Blockchain Security analysts as a “Coinbase hacker” bought $ 8 million in Solan on Sunday, apparently using profits.
According to In order for Looconchain, the hacker converted to Dai (Dai) to USDC (USDC), and then crossed the Solana network and bought 38 126 Solana (SOL) near the $ 209 USD in many purchases.
Solana is currently at a price of USD 202.15, which means that the hacker has made paper since trade.
The Blockchain Analytics Arkham platform meant the portfolio address as “Hacker Coinbase”, while Looconchain claimed that the wallet was associated with theft of over $ 300 million from Coinbase users.
Hacker bought an ether in July
The alleged hacker first drew Lookonchain’s attention two months ago, when they sold 26 762 Ether worth $ 69.25 million at that time.
Lookonchain in July he said There were also two main shopping from the same wallet. On July 7, the same hacker bought 4,863 ether worth $ 12.55 million, and then on July 19 they bought $ 649 for $ 2.3 million, at the cost of USD 35621 for token.
The analyst onchain Sleuth and Security Zachxbt estimated in May that the total amount lost by Coinbase users on the fraud of social engineering at $ 330 million, which, as he said, reflected the growing number of sophisticated attack strategies for cryptographic owners.
Radiant Capital Hacker develops piles through transactions
Coinbase hacker is not the only one that trades bad profits. Last week, a portfolio related to the radial capital of apply he bought 4 913 Ether on Wednesday, and then sold 4131 ether on Saturday, bringing a profit of $ 2.7 million.
“Their stolen USD 49.5 million Stash has now increased to over $ 105 million,” said Lookonchain, which is an augment of about 114%.
The decentralized financial protocol Radian Capital was hacked in mid -October 2024, when the loan report in the cross chain suffered a violation of cybersecurity in the amount of $ 58 million per BNB chain and arbitrum.
According to Looconchain, the attacker turned into an ether, maintaining about $ 21,957 ether worth about $ 103 million.
Related: The Coinbase data violation – report – report
Experts at the time said Cointelegraph that it is unlikely that there is a deliberate market strategy and probably unintentional consequence of avoidance techniques to cover the stolen loot.
Unknown Hacker Panic Sells
However, some hackers were not so lucky.
Lookonchain was in July tracking The portfolio, which she marked as “probably belonging to hackers”, which sold 12 282 ether and bought at a higher price when slowing down the market, which caused a loss of $ 6.9 million.
“Hackers are not good at trade,” said the company.
During a different decrease in the market, the same portfolio panic sold 4 958 Ether on August 15, blocking a profit of USD 9.75 million.
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