- FTX Hacker has become the 35th largest holder of Ethereum (ETH).
- Using decentralized exchanges like Cowswap, the hacker has swapped a large number of DAI holdings to ETH.
- Even three days after the attack, different wallets at FTX.com and FTX US are still sending money to the hacker’s address.
- ETH seemed unmoved by the news as of writing. The price of ETH was $1,265.
On Friday, it was reported that a hacker had stolen a share of the remaining client funds from FTX. The FTX hacker, who stole roughly $400 million worth of crypto assets from the defunct crypto exchange, is currently accumulating Ethereum tokens.
On-chain data shows that FTX Accounts Drainer has collected around 21,155 ETH from additional FTX Accounts Drainers. Furthermore, the FTX Account Drainer in question has authorized the trading of DAI on the CoW Protocol: GPv2VaultRelay, according to information provided by the security firm PeckShield Alert. Consequently, the hacker carried out the following transactions:
- Converted 7,420 BNB on BSC into 1,500 ETH
- Converted $48 million in DAI into 37,000 ETH
- Traded 3,500 BNB for 962,071.43 BUSD
- Traded 3,500 BNB for 958,560.13 BUSD
- Traded 15,000 BNB for 3,899,020.38…
