1 min read
Add as a preferred source on Google

Mercado Bitcoin Attacker Converts Altcoins Into 7,988 ETH

PEPE, AAVE, UNI, ONDO and ENA were among the tokens sold. The reported ETH holding was valued at about $18.19 million.

Mentioned assets
Different metal tokens gathered beside one faceted silver medallion / TokenPost.ai (macro)
Different metal tokens gathered beside one faceted silver medallion / TokenPost.ai (macro)

The Mercado Bitcoin attacker converted altcoins into Ether (ETH), ending with 7,988 ETH valued at about $18.19 million.

The tokens identified in the activity include Pepe (PEPE), Aave (AAVE), Uniswap (UNI), Ondo (ONDO) and Ethena (ENA), alongside other altcoins. The reported conversion moved the sale proceeds into ETH.

The swaps left the attacker holding 7,988 ETH. Its estimated value is about $18.19 million.

For the attack-linked wallet, the conversion changes the reported asset mix from several tokens to Ether. The dollar estimate values that ETH balance, while 7,988 ETH gives the amount held.

The reported sequence is a shift in how the attack-linked assets are held: proceeds from multiple token sales are now represented by an ETH balance. That balance is reported as 7,988 ETH, with an approximate value of $18.19 million attached.

Enna Lee

Reporter

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

Loading…