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Attacker converts various altcoins to 7,988 ETH worth $18.19M after Mercado Bitcoin hack

Market News
04 Nov 2026, 20:26 WIB
Tokenpost
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Neutral
Attacker converts various altcoins to 7,988 ETH worth $18.19M after Mercado Bitcoin hack

Following the Mercado Bitcoin attack, the perpetrator converted multiple altcoins including Pepe, Aave, Uniswap, Ondo, and Ethena into Ether (ETH). This conversion resulted in the attacker holding 7,988 ETH, valued at approximately $18.19 million. The shift from various tokens to a single ETH balance simplifies the asset mix linked to the attack. This move highlights how stolen digital assets can be consolidated into more liquid forms like ETH for easier management or potential laundering.

Following the Mercado Bitcoin attack and the conversion of various altcoins into ETH, Ethereum is currently trading at Rp44,059,597 with a 1-day gain of 5.65% on Pluang as of Nov 05, 2026 01:41 WIB. Altcoins like Pepe and Aave also show positive momentum, with Pepe priced at Rp0.0908 (+3.59%) and Aave at Rp2,399,962 (+3.88%). This data highlights how these assets remain actively traded and valued on Pluang despite recent security incidents.

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