Hacker Steals $300 Million, Then Buys $18 Million Ethereum Like It’s Nothing

The thief who made off with over $300 million from Coinbase has just added another feather to his cap. This time, it’s an $18 million Ethereum purchase. Oh, how the mighty fall… or rather, rise-into crypto heaven.

According to Arkham’s on-chain data, the wallet at address 0x15f4c13E0cA461e0ef23F6d35Bbeb5dCE2495879 has received a gift of 3,976 ETH-approximately $18 million-at a price of $4,756 per token. Looks like the hacker’s taste for luxury extends beyond just digital heists. đź’¸

For the uninitiated, this wallet has been under surveillance since the infamous May 2025 breach, when Coinbase had to admit that nearly 70,000 customers saw their personal data compromised. Guess who didn’t get invited to the party? Spoiler: it’s Coinbase’s security team. 🙄

The attack wasn’t some amateur job. No, this involved bribing overseas support staff and using good old-fashioned social engineering to convince users to send their funds. To make matters worse, Coinbase generously offered a $20 million reward for any tip leading to the hacker’s arrest. Because, you know, rewarding the person who stole your lunch is totally normal. 🍕

Ethereum Price Breaks Free, But Will It Stay That Way?

Ethereum has been flexing its muscles, with a stunning 9.7% weekly gain. Looks like the crypto giant is tired of sitting in the $4,200-$4,400 range and is pushing higher. Right now, ETH is dancing at $4,717.87, up 4.53% in just 24 hours. The market cap? A cool $569.46 billion. Talk about an impressive performance. 🤑

Looking at the technicals, things are looking pretty hot. The 50-day EMA at $4,209 is acting as dynamic support, while the 100-day EMA ($3,682) and 200-day EMA ($3,249) remain well below. Looks like Ethereum’s trend is in full-on bull mode. And the dips? They’re being gobbled up faster than a pizza at a college party. 🍕

One of the crypto world’s most famous traders, Byzantine General, recently shared a chart predicting a “monster candle” for Ethereum. That sounds like a fancy term for some major price action, so get ready to strap in. 🚀

With Ethereum coiling near its local highs, analysts are whispering about a potential move that could set the tone for the rest of the bull market. It’s like watching a pressure cooker about to blow, except with a lot more money involved. 🍿

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2025-09-13 14:37