Hacker Sells Nearly 60,000 ETH After Two-Year Silence, Worth $117 Million

Hacker Sells Nearly 60,000 ETH After Two Years

Recently, blockchain monitoring platform Lookonchain discovered that a hacker has started selling 59,854 ETH worth $117 million after two years of silence. This move has sparked significant market interest in the movement of these funds.

Funds Tracking

According to monitoring, 15 hours ago, the hacker transferred 2,005 ETH to TornadoCash. Shortly after, three new wallets received 2,087 ETH from TornadoCash and sold them at a price of around $1,933 per ETH.

Hacker Still Holds Significant Assets

• Remains with 57,849 ETH, valued at $113.4 million
• Holds 891 BTC, totaling approximately $59.7 million

Experts suggest that the hacker’s next steps may have further implications for the market, and monitoring blockchain activity is advised.