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Analyst Ai Yi says hacker address's 20x ETH short and BTC long total about $20m

NewsFeeds update

Analyst Ai Yi says a hacker address (0x45d...00ca) received 3,100 ETH from Tornado nine hours earlier, swapped it for $6.93m in USDC via Cowswap and deposited it on Hyperliquid. Its 20x BTC long rose to 263.81 BTC and its ETH short to 8,945.744 ETH, worth about $20m combined.

BitcoinOdailyAIBearish

Read the original on Odaily

The story so far: Drift Protocol attacker funds movement

The Drift Protocol attacker, dormant for about two months, moved at least 13,400 ETH worth about $32m to Tornado Cash, with more transfers tracked since. Onchain Lens has now asked Hyperliquid to flag a wallet it says belongs to the exploiter.

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  1. Onchain Lens says Drift Protocol attacker moves at least 13,400 ETH to Tornado Cash

  2. PeckShield says suspected Drift attacker moved about 21,300 ETH to Tornado Cash

  3. Drift Protocol attacker moves 25,700 ETH to Tornado Cash after two months

  4. Drift Protocol attacker moves another 4,600 ETH to Tornado Cash, Salus says

  5. Suspected Drift exploiter moves another 18,800 ETH to Tornado Cash

  6. Drift Protocol attacker moves another 24,885 ETH to Tornado Cash, Lookonchain says

  7. Drift Protocol attacker moves $6.92m USDC to Hyperliquid and opens BTC long, ETH short

  8. Analyst Ai Yi says hacker address's 20x ETH short and BTC long total about $20m

  9. Onchain Lens asks Hyperliquid to flag alleged Drift Protocol exploiter account

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Every Bitcoin update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.