Bitrue hacker is currently using 16.345 million DAI to purchase ETH
According to on-chain analyst Yujin, the Bitrue hacker is currently using 16.345 million DAI to purchase ETH, and then laundering the ETH through Tornado. These DAI were obtained by selling ETH at a price of $3,885 in March last year. In April 2023, the hacker stole multiple tokens worth $23 million at the time from the Bitrue exchange and then converted these assets into ETH. In March 2024, he sold 4,207 ETH at $3,885 each, exchanging them for 16.345 million DAI. An hour ago, he transferred both DAI and ETH to a new address and is now using the DAI to buy ETH, which is then being laundered through Tornado.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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