Coinbase Hacker’s $8M Solana Move After ETH Trades Sparks Market Frenzy
Digital heist mastermind shifts stolen funds into Solana—just as ETH positions get liquidated.
The $8 Million Pivot
After cashing out Ethereum positions, the unidentified attacker dumped $8 million into SOL tokens. Timing? Impeccable. Execution? Flawless. Security protocols? Apparently optional.
Blockchain Forensics Heat Up
Tracking wallets show rapid asset migration across chains. Solana's speed made it the perfect getaway vehicle—because nothing says 'innovation' like helping hackers vanish faster.
Market Reactions & Institutional Facepalms
Traders watched the move unfold in real-time while exchanges scrambled to explain how another 'isolated incident' somehow involved eight figures. Banking regulators are probably drafting concerned memos as we speak—between golf sessions.
Another day, another reminder that in crypto, your security is only as good as your weakest password. And apparently, sometimes not even that.
