Overview
- Blockchain data shows six hacker-linked wallets sold and later rebought the same 7,816 ETH, according to CoinDesk and CoinCentral.
- They sold near $3,728 per ETH and repurchased around $4,159 as prices rebounded, realizing about $13.4 million in losses.
- Lookonchain traced the Ether to earlier hacks, and analysts note these losses were recorded on stolen assets rather than trader-earned capital.
- Some analysts and social-media posts suggest the sell-then-rebuy pattern could be an on-chain laundering tactic, a view that remains unproven and under observation.
- CoinCentral separately reported a single wallet’s 9,240 ETH sale that incurred an estimated $4.56 million loss during the same downturn.