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Reading: Coinbase Hacker Buys $18.9M in Ether at $4,756, Onchain Data Shows
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Stay Current on Political News—The US Future > Blog > Cryptocurrency > Coinbase Hacker Buys $18.9M in Ether at $4,756, Onchain Data Shows
Cryptocurrency

Coinbase Hacker Buys $18.9M in Ether at $4,756, Onchain Data Shows

Sarah Mitchell
Sarah Mitchell
Published September 13, 2025
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A cryptographic wallet linked to an infamous coinbase hacker has bought another 3,976 ether, with a value of more than $ 18.9 million, at $ 4,756 per Token, according to the data of the chain.

The purchase was made on Saturday, using 18,911 million DAI (DAI), according to Arkham Intelligence data. The hacker consolidated several DAI amounts, ranging from $ 80,000 to $ 6 million, before running multiple ETH purchases.

The Hacker Coinbase wallet has been under surveillance by Blockchain analysts since the beginning of this year. According to reports, it is linked to a social engineering scam of more than $ 300 million that was addressed to Coinbase users.

In May, the Ochain detective and the security analyst Zachxbt estimated that the campaign defrauded the victims of at least $ 330 million. “Our number is probably much lower than the real amount stolen since our data were limited to my DMS and thefts that we discovered in the chain,” he said at that time.

Coinbase hacker purchase eth. Fountain: Lookonchain

Related: ETF Spot Eth tickets reached $ 216 million, but the data suggests that the $ 5K ether price is not ‘scheduled’

Coinbase Hacker performs more Crypto offices

The last accumulation of Ather follows a series of significant operations of the same direction. Last month, the wallet acquired $ 8 million in Solana (Sun) in several purchases, which has since been reduced below the entrance price.

Before that, in July, the same wallet obtained 4,863 ETH ($ 12.55 million) and 649 ETH ($ 2.3 million) with around $ 3,562 per Token.

Meanwhile, the last purchase of ether occurs when the price of ETH increased above $ 4,700 on Saturday to reach a local maximum of around $ 4,763, its highest level in more than two weeks. At the time of writing this article, ETH is quoted at $ 4,718, 4.5% more on the last day.

Related: Latin American developers favor Ethereum and Polygon on new chains: report

The merchant turns $ 125,000 to $ 6.8 million in hyperliquid

A criptographic merchant into hyperlichid transformed a tank of $ 125,000 in a long time of $ 303 million in ether, achieving a maximum capital or $ 43 million before leaving with $ 6.86 million in profits made. The position was built for four months through a continuous compound and a high leverage.

The merchant’s approach, which recycles all profits in one position, was backed by a favorable action and time. As the ETH market showed signs of cooling, the merchant unrolled on 66,749 ETH Long just before reversion, preserving a 55x yield in the original participation.

Magazine: Meet the co -founder of Ethereum and Polkadot who was not in Time in Time magazine

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