Crypto Live News

FTX Hacker Accumulates Massive ETH, A Warning For Ethereum Investors ?

Author: Delma Wilson

Delma Wilson right arrow

Author

Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO.

  • author facebook
  • author twitter

The aftermath of FTX collapse is still hovering around as the FTX hacker who had stolen $600 million worth of assets is now selling other assets that he stole while accumulating massive Ethereum. Renowned crypto analyst Dylan LeClair the FTX hacker is currently one of the largest ETH holders with 228,523 ETH which is nearly $284.82M.

Market experts are now of the opinion that this could be a warning for Ethereum investors as the hacker might sell all of his Ethereum to cash out. Also Santiment claims that this FTX hacker has received funds from more than 100 addresses where one address has sent 100,614 ETH.

Back to top button