Infini hacker executes on-chain asset movement: swaps 3,000 ETH for Wrapped Bitcoin

FloorPriceNightmare · 2026-02-28T01:19:26+00:00

A wallet linked to the Infini hacker has exchanged 3,003 Ethereum for 87 Wrapped Bitcoin worth $5.89 million. This move is still being monitored by analysts, as it could impact market stability.

FloorPriceNightmare

2026-02-28 01:19:26

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According to reports from Onchain Lens, a wallet potentially linked to the Infini hacker has made a significant exchange in the cryptocurrency market. The operation involved converting 3,003 Ethereum into 87 Wrapped Bitcoin, with a volume of $5.89 million executed at a price of $67,700 per WBTC. After completing the transaction, the funds were transferred to a different wallet.

This movement reflects ongoing on-chain activities associated with entities connected to previous security incidents. The transfer of such a large amount of assets draws the attention of analysts and market observers, as it allows tracking the behavior of compromised funds. Experts are monitoring these actions by the hacker to understand liquidation patterns and the intentions behind each move, especially considering the potential impact on the stability of the local market.

ETH-2,61%

WBTC-1,88%

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