The Coinbase hacker is in panic mode just two days after purchasing 3976 2 hacker has sold the same amount of ETH that he bought for $17.98 million, resulting in a loss of $932K. As reported by Cryptopolitan, the hacker who stole over $300 million from Coinbase initially bought 3,976 ETH for $4,756 per token, which translated to over $18.9 3 to Lookonchain, the hacker has sold the tokens for $4,522 per token, translating to nearly $1 million in just two 4 exchanges Ethereum for DAI Arkham Intelligence shows that the Coinbase hacker sold all the ETH for 5 main reason such a crypto criminal would want to swap the funds into a stablecoin is to avoid the price volatility of the crypto market and make easier payments.
DAI, in these cases, becomes particularly useful for criminals, just like any other 6 hacker who stole $300M+ from #Coinbase users just panic-sold 3,976 $ETH ($17.98M) at $4,522, losing $932K in 2 days. 0 7 — Lookonchain (@lookonchain) September 15, 2025 However, due to its decentralized nature, DAI does not have a central authority that can freeze assets or blacklist 8 DAI is in circulation, it is controlled entirely by the holders of the tokens, and no central entity can intervene in 9 (USDT), USD Coin (USDC), TrueUSD (TUSD), and Pax Dollar (PAX) are on the complete opposite side of the 10 instance, USDT is issued by Tether Limited, a centralized company that controls the issuance and redemption of the 11 centralization introduces points of failure and regulatory 12 a centralized entity, Tether Limited is subject to regulatory oversight and must comply with various legal and financial 13 Limited can freeze USDT tokens on certain addresses and/or blacklist the 14 makes DAI the better option for scammers.
Whales’ big ETH withdrawals At the same time, the crypto market has seen heightened activity. On-chain data shows that Ethereum “whales” have been moving ETH worth more than $20 million from platforms like Binance, FalconX, Kraken, and 15 keep accumulating $ETH. Another newly created wallet "0x9D99" withdrew 5,297 $ETH ($24.7M) from #Binance and #Bitget. Whale 0x7451 received another 13,322 $ETH ($61.65M) from #FalconX an hour ago. 1 16 — Lookonchain (@lookonchain) September 15, 2025 Today, Lookonchain has reported several big withdrawals.
A new wallet called 0x4d43 took out 4,208 ETH, worth about $19.5 million, from Binance in just 40 minutes. 5,297 ETH worth $24.7 million were taken from Binance and Bitget by a new wallet – 0x9D99. A different whale account, 0x7451, moved about $61.6 million worth of Ethereum from 17 had the biggest move, with wallet 0x9d2E taking out about $102 million worth of 18 Ethereum whale accumulation adds up to over $208 million. A wave of liquidations in the futures market caused the drop in 19 the last 24 hours, over $108 million worth of ETH has been sold on 20 86% in long positions have been wiped 21 driving factor is the regulatory uncertainty that is affecting the market 22 took longer than expected to decide if it can add staking to its Ethereum 23 decision has been pushed back to October 30 by the US Securities and Exchange Commission (SEC).
The due dates for similar plans from 21Shares and Grayscale have also been 24 the time of writing, ETH is trading at $4,522, which represents a 1.57% drop in the last 24 25 token had soared up to over $4,700 earlier in the session before it 26 overall market data for Ethereum ETFs paints a clear picture of 27 September 12, the total net inflows reached $13.36 billion. Meanwhile, total net assets stood at $30.35 28 activity was also 29 $2.55 billion in value was exchanged in a single day last 30 performance also shows that Ethereum ETFs are building solid ground alongside Bitcoin 31 creates more opportunities for institutions and retail investors to gain exposure to crypto through regulated channels, and also promises investors that the price of Ethereum will keep going 32 crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
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