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

From cointelegraph.com

A crypto wallet linked to an infamous Coinbase hacker has bought another 3,976 Ether, worth over $18.9 million, at $4,756 per token, according to onchain data. The purchase was made on Saturday, using 18.911 million DAI, according to data from Arkham Intelligence. The hacker consolidated various DAI amounts, ranging from $80,000 to $6 million, before executing multiple ETH buys. The Coinbase hacker wallet has been under surveillance by blockchain analysts since earlier this year. It’s reportedly tied to a $300 million+ social engineering scam that targeted Coinbase users. In May, onchain sleuth and security analyst ... (full story)

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