A post by @lookonchain on X.
The hacker is buying $ETH!
@lookonchain on X
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A hacker who lost over $26 million three months ago when a compromised private key drained two wallets tied to "TLBL" has returned to the market as a buyer, spending 3.4 million DAI to acquire 1,650 ETH within the past hour. The purchase follows a separate phishing attack that also hit the victim, compounding the losses. The trade is notable for putting a large stablecoin position back into ETH at current prices, signaling renewed conviction from an address with a history of security mishaps. Market watchers will be looking for follow-on DAI-to-ETH swaps and whether the hacker moves the newly acquired tokens or holds them.
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Named in this story
TLBL, ETH (ETH), DAI, Lookonchain
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