On October 30, hackers transferred $ETH worth $38.82 million to a new address, with another $1.12 billion in assets still on hand to deal with.
The start of mixer transfers for the large amount of stolen funds suggests they are entering the cash-out process. The potential sell pressure from billions of dollars in assets hanging over the market could limit $ETH 's rebound.
The start of mixer transfers for the large amount of stolen funds suggests they are entering the cash-out process. The potential sell pressure from billions of dollars in assets hanging over the market could limit $ETH 's rebound.