Blockchain analysts reported that a wallet associated with a hacker who stole funds from Coinbase users purchased Solana worth $8 million.
Purchase of $8 Million in Solana
The hacker, identified as the 'Coinbase hacker', bought 38,126 Solana at approximately $209 per token. The deal occurred after converting DAI to USDC and bridging to the Solana network.
Previous Activities of the Hacker
In July, the hacker also purchased 26,762 Ether valued at around $69.25 million. These actions previously caught the attention of blockchain analysts.
Trading Operations of Other Hackers
Hackers face both successful and unsuccessful investments. One linked to the Radiant Capital exploit increased their assets to $105 million, while another experienced losses from panic selling.
Hackers continue to engage in trading operations with stolen funds, with their successes and failures depending on market conditions and trading strategies.
