Coinbase Hacker Spends $8 Million to buy $SOL

by Louvenia Conroy

The notorious hacker who stole extra than $300M from Coinbase has recently conducted an unfamiliar acquisition of Solana ($SOL) tokens. As per the records from Onchain Lens, the Coinbase hacker has spent $8M to aquire $SOL. The on-chain analytics supplier disclosed on social media that the hacker applied this acquisition within about a hours. Total, the respective suppose took into memoir various chains and wallets to complicate the monitoring.

The #Coinbase hacker, who stole over $300M+ from customers, has sold 38,126 $SOL, worth $8M, previously 2 hours.

Addresses:

– 7reyCVVxQpkBjFxauBtdzBWynEh3y6MvGPwuRwwn7Doh
– 0xcC434153CD323b8537d245920a8e8e0Aa3C3c638 https://t.co/8iToRCcHQb pic.twitter.com/99rXQ6Gu1q

— Onchain Lens (@OnchainLens) August 24, 2025

Coinbase Attacker Purchases 38,126 $SOL by Spending 26,347 $ETH

The Coinbase hacker, who possesses the wallets “0xcC3…3c638” and “7reyC…n7Doh,” has purchased 38,126 $SOL for $8M within 2 hours. This improvement takes quandary in actuality in depth time after the hacker stole up to $300M from Coinbase. All thru this time, the exploiter has been actively gathering as successfully as redistributing resources. In particular, in July this 300 and sixty five days, the hacker swapped $12.5M in $DAI for up to 4,863 $ETH. Aside from that, on Would possibly perhaps perhaps also just 22, the attacker equipped nearly 26,347 $ETH.

Hacker Performs $ETH and $USDC Movements to Conceal Origins

In line with Onchain Lens, the Coinbase attacker’s transfer historical past items a pattern curious receiving, bridging, as successfully as transacting funds across various chains. Namely, $ETH and $USDC were progressively shifted by the exploiter between the wallets. The respective actions level to an endeavor to obfuscate the funds’ origin whereas maintaining gain true of entry to to tremendously liquid resources intact. Moreover, the exploiter continues to shift holdings, and essentially the most contemporary $SOL acquisition is yet every other such example.

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