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27,553 ETH bought for $63M linked to $106M EU exchange theft, says Lookonchain

Market News
02 Nov 2026, 18:44 WIB
Tokenpost
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Bearish
27,553 ETH bought for $63M linked to $106M EU exchange theft, says Lookonchain

Lookonchain identified an Ethereum address that purchased 27,553 ETH for about $62.97 million, potentially connected to a theft exceeding $106 million from an EU company's centralized exchange accounts. The wallet's average purchase price was around $2,286 per ETH, and the stolen funds moved through multiple platforms. While the ETH purchase and the total theft amounts differ, this update suggests a possible link between the wallet and the stolen funds. The investigation continues, but the address owner has not been confirmed as the thief.

The Lookonchain report on an Ethereum address linked to a large ETH purchase provides context for readers. For those following cryptocurrency markets, 5 of 50 major cryptocurrencies on Pluang rose while 44 fell as of Nov 02, 2026 23:03 WIB. Notable movers include CRV at Rp4.965 with a 1-day change of -4.48%, LINK at Rp202.815 down 4.29%, and ONE at Rp20 down 4.19%.

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