Recently shared analytics data shows that FTX attacker has begun converting thousands of stolen Ethereum
soon after it filed for bankruptcy in November last year and stole a great deal of Ethereum has begun to move his ETH and convert it into other digital currencies.
Lookonchain tracker of"Smart Money" wallets wrote in the X post that the hacker has already swapped 75,636 ETH into tBTC via the Threshold Network and cross-chained them to the Bitcoin network. This amount of ETH is evaluated at roughly $124 million. The exploiter still owns nearly 110,000 ETH worth $180 million, per Lookonchain.All in all, the aforementioned hacker got away with nearly $500 million worth of crypto from FTX.
Now, after this, the ETH supply on exchanges stands at the lowest point in more than 5.5 years, while the nonexchange ETH supply has reached a historic peak of 115.88 million ETH. move off of exchanges Wednesday, the largest outflow day since August 21st. The amount of non-exchange Ethereum now sits at anThis week, between Oct. 2 and 5, the second largest cryptocurrency, Ethereum, lost 6.44%, falling from $1,729 to the $1,618 level. By now, ETH has managed to recover the $1,631 price mark.
His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.Cardano Price Analysis for October 6
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