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Coinbase Hacker’s $8M Solana Move After ETH Trades Sparks Market Frenzy

Coinbase Hacker’s $8M Solana Move After ETH Trades Sparks Market Frenzy

Published:
2025-08-24 11:30:00
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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.

The Coinbase hacker bought solana worth nearly $8 million in just two hours, shocking the crypto community once again. This Coinbase hacker, who earlier stole more than $300 million from C... Read More

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