Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Vae embraces Bitcoin, Ibit attracts $ 1B: a global BTC shift that unfolds?

2025-05-10

Bitcoin – Price is rising by $ 100k – Bull Market officially back?

2025-05-10

XRP, Pepe Rebound underway, but Cardano and this Defi -Token look stronger: Rexas Finance

2025-05-10
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

    2025-05-10

    China’s Beijing unveils 2-year DLT Development Action Plan

    2025-05-10

    Nexera and Pinkchain unite to Tokenize € 1.1 billion real estate pipeline with Shariah-compliant products

    2025-05-10

    Mint Blockchain integrates Chainlink CCIP to feed cross-chain connectivity

    2025-05-10

    ‘Nasdaq on Solana’ vision sees progress with opening bell launch

    2025-05-10
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

    2025-05-10

    Partially completed Wave 5 says there is still room to run

    2025-05-10

    Wells Fargo increases the price target for a company of billion dollars, the shares of the company’s prognoses will increase by 52%: report

    2025-05-10

    Ethereum – Price explodes beyond $ 2,200 with a 25% increase – Momentum builds up quickly

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»FTX Exploiter conducts ongoing fund exodus, moving $17 million worth of ETH in one day
Altcoins

FTX Exploiter conducts ongoing fund exodus, moving $17 million worth of ETH in one day

2023-10-01No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

According to an on-chain report on Saturday, September 30, an address associated with the FTX operator became active for the first time in ten months. If previously reportedOn Saturday, approximately 5,000 ETH (equivalent to $8.2 million) was transferred from the marked address (identified as 0x3e9) to new addresses.

However, in the latest development, blockchain data tracker Spot On Chain revealed that the FTX operator moved more than $17 million worth of Ether tokens in the last 24 hours.

FTX Operator to Continue Moving Stolen Money, Spot On Chain Speculates

In one of the most significant exploits in the crypto space, the now-defunct FTX exchange fell victim to a hack just hours after declaring bankruptcy, leading to a loss of more than $600 million.

According to a revelation in the chainthe exploiter has moved large parts of their loot in the past 24 hours. The transferred funds have reached a total of 10,250 ETH (worth approximately $17.2 million), spread across five addresses.

An analysis by Spot On Chain shows that a significant 7,749 ETH (equivalent to approximately $13 million) has been moved into the Thorchain router and Railgun contract. These two decentralized finance protocols (DeFi) are known for their privacy-focused features.

Over the past day, the FTX operator has executed swap transactions involving 2,500 ETH (worth approximately $4.19 million). These funds were converted into 153.4 tBTC (an ERC-20 token standard for Bitcoin) at an average price of $27,281.

🚨 FTX Exploiter 0x3e9 transferred a total of 10,250 $ETH ($17.1 million) via 5 addresses in the last 24 hours:

– shipped 7,749 $ETH ($13 million) for the Thorchain router and Railgun contract

– 2,500 exchanged $ETH ($4.19 million) to 153.4 $tBTC for $27,281 average

It is striking that the address… https://t.co/xzmDz8Vmma pic.twitter.com/4Ykp0zih6G

— Spot On Chain (@spotonchain) October 1, 2023

The recent money movement by the attacker is believed to be caused by the highly likely approval of Ether futures ETFs in the US. However, there is no substantial evidence supporting these links.

See also  Chainlink's 74% Rise – Measuring What's Next for LINK's Price Action

There have been speculations that the exploiter may want to dump their tokens as the ETH price rises after futures ETFs get the green light.

Regardless, onlookers will likely keep an eye on the address’s activity, especially after Spot On Chain suggested the operator may continue to transfer ETH.

Ethereum price overview

The Ethereum price showed good strength at the end of September after struggling all month. The cryptocurrency has started October on a positive note, approaching the psychological level of $1,700 with an increase of 0.6% in the past day.

ETH’s value has risen almost 6% over the past week, reflecting positive signs of recovery. According to data from CoinGecko, the cryptocurrency has experienced a nearly 4% decline in daily trading volume, representing a recent decline in market activity.

Nevertheless, Ethereum remains the second largest cryptocurrency, with a market capitalization of over $200 billion.

FTX

ETHUSDT approaching $1,700 mark on the daily timeframe | Source: ETHUSDT chart on TradingView

Featured image from iStock, chart from TradingView



Source link

conducts Day ETH exodus Exploiter FTX Fund Million Moving ongoing worth
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP, Pepe Rebound underway, but Cardano and this Defi -Token look stronger: Rexas Finance

2025-05-10

Ethereum rises 32% when $ 60 million leaves ETFs – is ETH’s identity crisis over?

2025-05-10

Best crypto to buy now as UFC legend Conor McGregor calls for a Bitcoin strategic reserve in Ireland

2025-05-10

Artificial Superintelligence Alliance breaks its downward trend: Can Fet be passing by $ 1?

2025-05-10
Add A Comment

Comments are closed.

Top Posts

Cathie Wood’s Ark Invest Aggressively Buys Coinbase Shares After SEC Lawsuit Hits Price

2023-06-09

Social Giant Line Raises $140 Million for NFT Push, ‘Brown and Friends’ Games

2023-12-14

Offchain Labs unveils ArbOS 20 Atlas, dramatically reducing transaction fees on arbitrage

2024-03-17
Editors Picks

JPMorgan Chase Insider empties customers’ accounts, withdraws $12,948 in cash from ATMs: US banking regulator

2024-09-06

Crypto analyst calls on Wave 5 to send the XRP price above $ 6

2025-05-06

Elon Musk calls NFTs JPEG URLs

2023-11-01

Bitcoin Nears Record Highs as US Elections Loom: What’s Next?

2024-10-30
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Vae embraces Bitcoin, Ibit attracts $ 1B: a global BTC shift that unfolds?

Bitcoin – Price is rising by $ 100k – Bull Market officially back?

XRP, Pepe Rebound underway, but Cardano and this Defi -Token look stronger: Rexas Finance

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,064.611.00%
  • ethereumEthereum(ETH)$2,549.868.87%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.412.25%
  • binancecoinBNB(BNB)$662.17-1.52%
  • solanaSolana(SOL)$177.122.94%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.24124916.93%
  • cardanoCardano(ADA)$0.824.75%
  • tronTRON(TRX)$0.263616-0.02%
  • suiSui(SUI)$4.072.10%
  • chainlinkChainlink(LINK)$16.965.98%
  • avalanche-2Avalanche(AVAX)$25.318.40%
  • stellarStellar(XLM)$0.3131505.04%
  • shiba-inuShiba Inu(SHIB)$0.0000168.59%
  • hedera-hashgraphHedera(HBAR)$0.2139516.08%
  • the-open-networkToncoin(TON)$3.485.75%
  • hyperliquidHyperliquid(HYPE)$25.884.58%
  • bitcoin-cashBitcoin Cash(BCH)$424.672.54%
  • polkadotPolkadot(DOT)$5.113.86%
  • litecoinLitecoin(LTC)$104.000.93%
  • unus-sed-leoUNUS SED LEO(LEO)$8.27-4.92%
  • moneroMonero(XMR)$327.105.10%
  • bitget-tokenBitget Token(BGB)$4.897.13%
  • piPi(PI)$0.819.57%
  • pepePepe(PEPE)$0.0000135.11%
  • daiDai(DAI)$1.00-0.02%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$7.2311.72%
  • bittensorBittensor(TAO)$459.697.16%
  • nearNEAR Protocol(NEAR)$3.3012.79%
  • aptosAptos(APT)$6.139.35%
  • aaveAave(AAVE)$224.896.00%
  • ondo-financeOndo(ONDO)$1.076.19%
  • okbOKB(OKB)$55.901.09%
  • ethereum-classicEthereum Classic(ETC)$20.396.25%
  • internet-computerInternet Computer(ICP)$5.765.28%
  • kaspaKaspa(KAS)$0.1100414.95%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.21-0.98%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2708116.28%
  • render-tokenRender(RENDER)$5.387.56%
  • vechainVeChain(VET)$0.0319206.20%
  • gatechain-tokenGateToken(GT)$22.28-0.87%
  • crypto-com-chainCronos(CRO)$0.1028660.88%
  • mantleMantle(MNT)$0.781.56%
  • ethenaEthena(ENA)$0.42030811.99%
  • arbitrumArbitrum(ARB)$0.48495227.69%
  • algorandAlgorand(ALGO)$0.2496747.40%
  • filecoinFilecoin(FIL)$3.226.00%
  • usd1World Liberty Financial USD(USD1)$1.00-0.15%
  • bitcoinBitcoin(BTC)$104,064.611.00%
  • ethereumEthereum(ETH)$2,549.868.87%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.412.25%
  • binancecoinBNB(BNB)$662.17-1.52%
  • solanaSolana(SOL)$177.122.94%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.24124916.93%
  • cardanoCardano(ADA)$0.824.75%
  • tronTRON(TRX)$0.263616-0.02%
  • suiSui(SUI)$4.072.10%
  • chainlinkChainlink(LINK)$16.965.98%
  • avalanche-2Avalanche(AVAX)$25.318.40%
  • stellarStellar(XLM)$0.3131505.04%
  • shiba-inuShiba Inu(SHIB)$0.0000168.59%
  • hedera-hashgraphHedera(HBAR)$0.2139516.08%
  • the-open-networkToncoin(TON)$3.485.75%
  • hyperliquidHyperliquid(HYPE)$25.884.58%
  • bitcoin-cashBitcoin Cash(BCH)$424.672.54%
  • polkadotPolkadot(DOT)$5.113.86%
  • litecoinLitecoin(LTC)$104.000.93%
  • unus-sed-leoUNUS SED LEO(LEO)$8.27-4.92%
  • moneroMonero(XMR)$327.105.10%
  • bitget-tokenBitget Token(BGB)$4.897.13%
  • piPi(PI)$0.819.57%
  • pepePepe(PEPE)$0.0000135.11%
  • daiDai(DAI)$1.00-0.02%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$7.2311.72%
  • bittensorBittensor(TAO)$459.697.16%
  • nearNEAR Protocol(NEAR)$3.3012.79%
  • aptosAptos(APT)$6.139.35%
  • aaveAave(AAVE)$224.896.00%
  • ondo-financeOndo(ONDO)$1.076.19%
  • okbOKB(OKB)$55.901.09%
  • ethereum-classicEthereum Classic(ETC)$20.396.25%
  • internet-computerInternet Computer(ICP)$5.765.28%
  • kaspaKaspa(KAS)$0.1100414.95%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.21-0.98%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2708116.28%
  • render-tokenRender(RENDER)$5.387.56%
  • vechainVeChain(VET)$0.0319206.20%
  • gatechain-tokenGateToken(GT)$22.28-0.87%
  • crypto-com-chainCronos(CRO)$0.1028660.88%
  • mantleMantle(MNT)$0.781.56%
  • ethenaEthena(ENA)$0.42030811.99%
  • arbitrumArbitrum(ARB)$0.48495227.69%
  • algorandAlgorand(ALGO)$0.2496747.40%
  • filecoinFilecoin(FIL)$3.226.00%
  • usd1World Liberty Financial USD(USD1)$1.00-0.15%