A Coinbase Hacker Spends 12.5 Million DAI to Purchase 4,863 ETH

By: theblockbeats.news|2025/07/07 07:00:57

BlockBeats News, July 7th, according to Onchain Lens monitoring, a hacker stole funds from a Coinbase user and has spent 12.5 million DAI to purchase 4863 ETH at a price of $2569 per ETH.

The hacker still holds a total of 45.36 million DAI in two wallets and is likely to continue buying more ETH.