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Lookonchain Links Pando Rings Wallet to Hack; Wallet Buys $16.72 Million in Ether (ETH)

The wallet bought 7,548 Ether (ETH) around 9:30 p.m. ET Thursday, implying an average price of roughly $2,215 per ETH.

By Enna Lee
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An unmarked metal token rests beside a compact black wallet / TokenPost.ai
An unmarked metal token rests beside a compact black wallet / TokenPost.ai

Lookonchain identified wallet 0x303D...3d9F as tied to the Pando Rings hack. The wallet bought 7,548 Ether (ETH) worth $16.72 million around 9:30 p.m. ET Thursday (1:30 a.m. UTC Friday).

The reported total implies an average purchase price of roughly $2,215 per ETH.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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