【Infini Hacker Starts Cashing Out $11M in Gains】
On-chain analyst @ YJ reports:
🕵️ Back in Feb, DeFi project Infini was hacked for ~$49.5M in USDC.
💸 The hacker swapped the stolen USDC into 17,696 ETH at ~$2,798 and sat still...
📈 Fast forward 5 months: ETH hits $3,400 → unrealized $11M gain, now worth ~$60.5M.
Today’s moves:
– 🔁 Swapped 1,770 ETH for $5.88M in DAI
– 🌪 Sent 5,001 ETH into Tornado Cash (mixer)
📌 The hacker has officially started laundering + offloading.
👀 More movements likely coming. Stay sharp.
