A wallet identified as the “Coinbase hacker” purchased $8 million in Solana using illicit funds, having converted DAI to USDC and then buying 38,126 Solana (SOL) at around $209. While currently trading at $202.15, the hacker faces a paper loss. This address is linked to over $300 million stolen from Coinbase users. Previously, the hacker sold 26,762 Ether for $69.25 million and made multiple significant purchases of Ether. Meanwhile, another wallet associated with a Radiant Capital exploit has increased its stolen stash to over $105 million through trading. Some hackers, however, have suffered losses during market dips.
