20.07.2025 03:52

Blockchain analysis reveals that the individual responsible for the recent $300 million Coinbase heist has made another significant cryptocurrency transaction. This latest activity, uncovered by Lookonchain and reported by Mars Finance News, involves the purchase of 649.62 ETH, totaling approximately $2.31 million.

The hacker's acquisition of the Ethereum, averaging $3,561 per coin, occurred roughly nine hours prior to this report. This substantial transaction underscores the ongoing movement of stolen funds and highlights the persistent threat posed by sophisticated cybercriminals in the cryptocurrency space.

This latest development further emphasizes the critical need for heightened security measures across all cryptocurrency exchanges and the importance of continuous vigilance for users. The persistent activity of the perpetrator underscores the challenges inherent in tracking and recovering illicitly obtained digital assets. Enhanced monitoring and proactive security protocols are crucial for mitigating future risks of this nature. The incident serves as a stark reminder of the ongoing vulnerabilities within the crypto ecosystem.