Hackers Convert 12,500,000 DAI Stolen from Coinbase Users into 4,863 Ethereum

On July 7, according to on-chain analyst Onchain Lens (@OnchainLens), a hacker used funds stolen from Coinbase users to purchase 4,863 Ethereum ($ETH) for 12,500,000 $DAI, at an average purchase price of $2,569. The hacker currently holds approximately 45,360,000 $DAI in two different wallets. [Deep Tide TechFlow]