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Lookonchain-Linked Mercado Bitcoin Hack Wallet Holds 7,988 ETH Worth $18.19 Million

It converted PEPE, AAVE, UNI, ONDO, ENA and other altcoins into Ether.

By Simon Yoon
Published
Mentioned assets
Unmarked metal tokens gather beside a compact hardware wallet / TokenPost.ai
Unmarked metal tokens gather beside a compact hardware wallet / TokenPost.ai

A wallet that Lookonchain linked to the Mercado Bitcoin hack has converted multiple altcoins into Ether (ETH) and now holds 7,988 ETH valued at about $18.19 million. PEPE, AAVE, UNI, ONDO and ENA were among the tokens included in the conversion.

The reported balance puts the holdings in ETH rather than in separate altcoins. The $18.19 million figure is the stated value of the wallet’s 7,988 ETH. A token swap exchanges one crypto asset for another; the conversion described here ended in ETH.

The wallet’s holdings are now in ETH. PEPE, AAVE, UNI, ONDO and ENA were among the tokens involved, along with other altcoins.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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