A hacker responsible for the $300 million theft from cryptocurrency exchange Coinbase has purchased 649.62 Ether (ETH), valued at approximately $2.31 million.
The acquisition, executed at an average price of $3,561 per ETH, signals ongoing asset movement by the perpetrator after the initial security breach. Blockchain transaction records confirm the recent activity but provide no further details regarding the source of funds or destination of assets.
This development highlights continued operational maneuvers by the hacker and underscores persistent security challenges in cryptocurrency ecosystems. Industry analysts are monitoring the situation for potential links to known laundering patterns or identifiable wallet activity.