Two addresses tied to illicit crypto flows bought back a combined 6,454.7 ETH on July 12, according to on-chain analyst Ember, as cited by Odaily. One address, identified as a hacker wallet that stole funds from Coinbase users, spent 7.378 million DAI in the early hours of the day to purchase 4,049.7 ETH at $1,822. The second address, which had received ETH from Tornado Cash in November last year, spent another 4.34 million DAI about two hours before the report to acquire 2,405 ETH at $1,804. Ember also said that this second address had previously moved out 4,978 ETH and swapped it for 16.294 million DAI at a price of $3,273. The two transactions brought the day’s combined DAI outlay to 11.718 million and total ETH purchased to 6,454.7.
Two addresses linked to hacker funds spent a combined 11.718 million DAI on July 12 to buy 6,454.7 ETH, according to on-chain analyst Ember in a report cited by Odaily.
One of the addresses, identified as a hacker wallet that stole funds from Coinbase users (0x18B...E66), spent 7.378 million DAI in the early hours of the day to purchase 4,049.7 ETH at $1,822.
The other address (0xa13...628), which received ETH from Tornado Cash in November last year, had previously transferred out 4,978 ETH and swapped it for 16.294 million DAI at $3,273. About two hours before the report, that address spent 4.34 million DAI to buy back 2,405 ETH at $1,804.
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