In November 2022, hours after FTX and its related companies filed for bankruptcy, an unknown party managed to drain various wallets of as much as $600 million. About $26 million worth of ETH – 15,000 ether – sat in a single wallet until earlier this weekend, when a first tranche of 2,500 ETH ($4 million) began moving, ultimately ending up at the Thorchain bridge, the Railgun privacy wallet, or intermediary addresses.
Related posts
-
Ethereum’s ETH Outperforms as Bitcoin (BTC) Price Recoils Off $100K Sell Wall
After a prolonged downtrend relative to bitcoin (BTC), Ethereum’s ether (ETH) is showing signs of a... -
Ethereum Analyst Predicts $3,700 Once ETH Breaks Through Resistance
Ethereum has been trading at its highest levels since late July, hovering around $3,470. This marks... -
BTC and ETH Open Interests hit new all-time-high as Bitcoin nears $100k
Open interest for Bitcoin and Ethereum in futures markets each hit a new all-time-high in the...