WTF..This hacker isn't laundering. They're trading⚠️🤯
First they dumped all 217.5M stolen $ENA, about $33.9M worth. Then a fresh wallet sends 2M USDC to Hyperliquid and opens a 3x long on ENA. $4.09M position.
And the logic is kind of brilliant. Binance already said it'll buy back the exact amount of every stolen altcoin, OTC and on the open market, to make users whole. So everyone knows a giant buyer is coming.
Sell the top, then bet on Binance buying it back up. Word is linked wallets are also long $PEPE and other big ETH tokens.
I don't remember North Korean hackers ever playing it like this. Is this a hacker or an event-driven trader? #Binance #ETH #ENA
First they dumped all 217.5M stolen $ENA, about $33.9M worth. Then a fresh wallet sends 2M USDC to Hyperliquid and opens a 3x long on ENA. $4.09M position.
And the logic is kind of brilliant. Binance already said it'll buy back the exact amount of every stolen altcoin, OTC and on the open market, to make users whole. So everyone knows a giant buyer is coming.
Sell the top, then bet on Binance buying it back up. Word is linked wallets are also long $PEPE and other big ETH tokens.
I don't remember North Korean hackers ever playing it like this. Is this a hacker or an event-driven trader? #Binance #ETH #ENA