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$50M Infini hacker dumps ETH bag months after exploit.

Surging ETH prices proved too tempting for the attacker to ignore, and they’re now shuffling their loot to lock in profits.

On July 17, 2025, the wallet tied to the hacker behind the Infini exploit re-emerged with on-chain activity, moving 4,770 ETH across two addresses. The transfers, worth about $16 million at current prices, mark the first activity from the attacker since the February breach of the crypto-focused neobank, which resulted in the loss of $49.5 million in USDC (USDC).

PeckShieldAlert spotlighted 3,000 ETH funneled through Tornado Cash, the privacy mixer often used to obscure transaction trails. A second address swapped 1,770 ETH for about $5.9 million in DAI (DAI), marking an outright liquidation of part of their loot.

The exploiter’s timing isn’t random, and the pattern of transfers points to profit-taking, especially as Ethereum posts fresh gains. After the original exploit, the Infini hacker converted the stolen stablecoins into 17,696 ETH at an average price of $2,798.$ETH