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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Recently, the crypto assets market has once again become the focus of attention. According to the latest monitoring data from the blockchain data analysis platform Lookonchain, the hacker who previously attacked the Infini protocol has made significant moves again. This hacker sold 1,771 Ether (ETH) at a price of $4,202 each, successfully cashing out approximately $7.44 million.
This move has sparked widespread discussion in the market. Looking back to February 24 of this year, Infini suffered a serious security incident, where the attacker successfully stole $49.5 million worth of Crypto Assets. Subsequently, the Hacker quickly converted the funds into 17,696 ETH, with the purchase price of each ETH being $2,798 at the time.
As the price of Ethereum continues to rise, hackers are gradually cashing out their profits. On July 17, attackers sold 1,770 ETH at a price of $3,321 each, cashing out approximately $5.88 million. At the same time, they also transferred 4,501 ETH to the anonymous mixing platform Tornado Cash, attempting to conceal the flow of funds.
The recent large-scale sell-off further highlights the attackers' keen judgment on the ETH market trend, seemingly trying to maximize their illegal gains. It is reported that after this transaction, the attackers still hold 9,154 ETH, worth approximately $38.85 million at current market prices.
This series of operations not only exposed the vulnerabilities in the security protection of the Crypto Assets ecosystem but also sounded the alarm for investors. As the price of Ethereum fluctuates at a high level, the market is generally worried about the possibility of large-scale profit-taking. Once investors notice a weakening in the price increase momentum, it may trigger a new wave of sell-off.
Therefore, industry experts call on investors to remain vigilant at all times, closely follow asset security and market trends. At the same time, major trading platforms and project parties should also strengthen security measures to prevent similar attack incidents from happening again.