Wallet labeled as ‘Coinbase hacker’ buys $18.9M in Ether as ETH breaks above $4,700
A wallet tied to the $300 million Coinbase hack bought 3,976 Ether for $18.9 million, doubling down on ETH amid its recent push above the $4,700 level.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A wallet tied to the $300 million Coinbase hack bought 3,976 Ether for $18.9 million, doubling down on ETH amid its recent push above the $4,700 level.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Coinbase Institutional says Fed rate expectations, not the Binance hack, sank Bitcoin
Bitcoin's sensitivity to Fed rate expectations highlights its growing correlation with macroeconomic factors, overshadowing isolat...
Metaplanet buys back 12.25 million shares for $18.76 million to lift Bitcoin per share
Metaplanet's buyback strategy highlights the tension between supporting share value and maintaining financial flexibility amid mar...
Nakamoto Gets Extra Year on 60 Million USDT Kraken Loan; Derivatives Count Toward Collateral
Nakamoto Inc. (NAKA) is a bitcoin treasury company, a public company holding bitcoin as a core asset, and has borrowed against it....
U.S. Targets $1.2 Billion From Binance Hack—Where Is the Rest?
The Binance hack recovery has reached a significant milestone: U.S. authorities say more than $1.2 billion in stolen cryptocurrenc...
Dormant Bitcoin Wallets Wake Up After 16 Years, Moving $6.9 Million
Two Bitcoin mining rewards from September 2010 moved minutes apart. The coins are worth nearly 1.15 million times their original m...
US seizes $1.2 billion frozen after North Korean Binance hack
The US Department of Justice (DoJ) yesterday announced the seizure of $1.2 billion in cryptocurrency stolen from Binance last mont...