PANews February 9 News, according to on-chain analyst Yu Yan’s monitoring, a hacker who stole 49.5 million USDC from Infini in February last year sold ETH for DAI at an average price of $3,762 in August last year. Today, seven hours ago, they repurchased these DAI back into ETH at a price of $2,109. Then, they washed all 15,470 ETH (worth $32.58 million) through Tornado.
In February 2025, Infini was stolen for about 49.5 million USDC. The hacker bought 17,696 ETH with USDC at $2,798 each.
In July 2025, they washed 5,000 ETH (worth $17.02 million) through Tornado.
In August 2025, they sold 3,540 ETH at an average price of $3,762 for 13.318 million DAI. Today, they repurchased 6,316 ETH at an average price of $2,109.
Then, they washed all 15,470 ETH (worth $32.58 million) through Tornado.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
A new address has withdrawn 8,209 ETH from a certain CEX, worth approximately 16.85 million US dollars.
Gate News Report: On March 11, a newly created address starting with 0xFB0f withdrew 8,209 ETH from a certain CEX, worth approximately $16.85 million.
GateNews1h ago
Ethereum RWA Market Surges Past $15B as Institutional Demand Fuels 200% YoY Growth
Key Insights:
Ethereum now holds around 60% of the global non-stablecoin tokenized RWA market, showing rapid growth.
BlackRock BUIDL Fund manages $1.8B in tokenized assets, driving institutional adoption on the Ethereum
CoincuInsights2h ago
ETH 15-minute decline of 0.80%: On-chain large fund flows and DEX selling pressure resonate to trigger a downtrend
2026-03-11 15:00 to 2026-03-11 15:15 (UTC), ETH price briefly and rapidly declined within the range of 2042.35 to 2065.57 USDT, with a K-line return of -0.80% and an amplitude of 1.13%. Market volatility intensified during this period, with significantly increased attention, and short-term market pressure triggered market alertness.
The main driving force behind this anomaly is large-scale on-chain fund flows and sell pressure concentrated on decentralized exchanges (DEX). Monitoring data shows multiple large ETH transfers to trading platforms, suspected to involve institutions or whales.
GateNews2h ago
Over the past 24 hours, the entire network has experienced liquidations of $205 million, with both longs and shorts being wiped out.
According to CoinGlass data, on March 11, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $205 million, involving both long and short positions. Both BTC and ETH experienced significant liquidations, affecting 95,427 people, with the largest single liquidation valued at nearly $2 million.
GateNews2h ago
