💸 Wallet Activity Leads to Major Losses for Hacker !
On-chain tracker Lookonchain flagged wallet 0x17E0, suspected to be linked to a hacker.
📉 Three months ago, the wallet received 12,282 ETH (≈ $23.72M) from THORChain and Chainflip, which was sold at $ 1,932/ETH.
📈 Recently, it bought back 4,958 ETH at $2,495/ETH, spending $12.37M.
🔻 Result: An estimated loss of $6.9M due to price movement.
#DeFiNews