The $300M Coinbase Hacker Makes a Comeback with $19M Move on This Altcoin

• Who Is the $300M Coinbase Hacker?
• A Masterclass in Diversification
• The 2025 Coinbase Hack: A Recap
• Taunts and Tactical Moves
• Market Implications: Short-Term Chaos, Long-Term Questions
• Why Coinbase Can’t Shake This Ghost
• FAQs

The infamous hacker linked to the $300M Coinbase breach has resurfaced with a bold $19M altcoin play, signaling renewed activity after months of silence. On-chain analysts tracked strategic moves across Ethereum, Solana, and stablecoins, revealing a calculated diversification strategy. As regulators and traders watch closely, the hacker’s maneuvers raise questions about market impact and the lingering vulnerabilities of centralized exchanges. Here’s the full breakdown.

Who Is the $300M Coinbase Hacker?

The crypto wallet tied to the 2025 Coinbase hack—one of the largest breaches in exchange history—has suddenly sprung back to life. According to Arkham Intelligence data, the wallet acquiredat an average price of $4,756 per token. This isn’t an isolated move; since July, the hacker has executed a series of calculated transactions, shuffling funds between Ethereum, Solana, and stablecoins like a seasoned trader.

A Masterclass in Diversification

In August, the same wallet swappedinto another asset at $209 per unit. Earlier, on July 20, it bolstered its ethereum holdings by adding. The hacker’s approach mirrors institutional tactics: liquid assets, minimal traceability, and decentralized platforms to evade detection. "They’re leveraging aggregation tools and DEXs to stay ahead of investigators," noted a BTCC market analyst. "It’s like watching a high-stakes game of cat and mouse."

The 2025 Coinbase Hack: A Recap

The saga began when attackers infiltrated Coinbase’s support system, compromising overseas employees. On May 11, a ransom demand was issued—silence in exchange for stolen data. Coinbase refused, opting to fire implicated staff, tighten security, and offer a bounty for the culprits. Total damages (including reimbursements and cybersecurity upgrades) reportedly exceeded.

Taunts and Tactical Moves

The hacker hasn’t shied from theatrics. Aincluded blockchain-messages taunting investigators. "They’re confident decentralization shields them," said an on-chain sleuth. Meanwhile, the wallet’s solana buys suggest faith in the ecosystem’s liquidity—even under pressure.

Market Implications: Short-Term Chaos, Long-Term Questions

Traders are torn. Large ETH/SOL purchases signal bullishness, but the hacker’s presence looms like a shadow. "A $19M order can sway prices during low-volume periods," warned TradingView data. Long-term, the bigger puzzle is whether authorities can freeze or recover the stolen funds. For now, the hacker’s portfolio reads like a dare.

Why Coinbase Can’t Shake This Ghost

Each transfer doubles as a message—to the market, to regulators, and to Coinbase itself. The hacker’s reemergence underscores crypto’s double-edged nature: a playground for opportunists and a minefield for security teams. As one Reddit user put it, "This isn’t just about money; it’s about proving the system’s flaws."