FTX Hacker Becomes One Of Biggest Ethereum Whales After Flurry of BNB and DAI Swaps: On-Chain Data
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The entity that moved funds out of crypto exchange FTX’s wallets last week has been swapping its coins to accumulate ETH, making it one of the biggest Ethereum whales in existence. On Friday, FTX’s general counsel Ryne Miller released a statement on the company’s Telegram channel, saying the exchange had been hacked. On-chain data revealed that nearly $400 million in crypto was moved out of the exchange’s wallets and into unknown Ethereum addresses. Now, it appears the entity that took the funds has been swapping the coins into ETH. Blockchain security firm PeckShield reported a series of elaborate swaps initiated
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