Hackers are also selling Ethereum: They unloaded goods at $1,980! - Coin Bulletin

Koinbulteni · 2025-03-28T12:05:40+00:00

A wallet converted 3,433 ETH to $6.8 million worth of DAI at $1.981 each, raising suspicion due to receiving all ETH from THORChain. Such large transactions may impact markets significantly.

Koinbulteni

2025-03-28 12:05:40

Abstract generation in progress

A wallet converted 3.433 Ethereum (ETH) by withdrawing it at a price of 1,981 dollars into 6.8 million dollars worth of DAI stablecoin.

According to Lookonchain’s data, a secret wallet converted assets amounting to 3.433 Ethereum (ETH) acquired from THORChain for (RUNE) into DAI stablecoin worth 6.8 million dollars at a price of 1,981 dollars.

The newly opened wallet quickly sold the 3.433 ETH it received from THORChain and converted it into DAI worth 6.8 million dollars. Such movements can often cause significant price changes in the market and are closely monitored by investors. This transaction, made at a price of around 1,981 dollars for ETH, indicates a large trading activity.

The fact that the entire amount of ETH comes from THORChain raises questions. It is speculated that this could be part of a money laundering operation or that hackers might be selling.

ETH0.56%

DAI0.12%

RUNE0.66%

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