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Mercado Bitcoin hacker moves $8M in Ethereum amid ongoing crypto theft investigation

Market News
03 Nov 2026, 12:24 WIB
Blockonomi
View Source
Bearish
Mercado Bitcoin hacker moves $8M in Ethereum amid ongoing crypto theft investigation

The hacker behind the $46 million Mercado Bitcoin breach transferred about $8 million in Ethereum to new wallets on November 3, shortly after the attack. Despite these moves, no deposits into the privacy tool Tornado Cash have been confirmed, which could have obscured the trail. The attacker still holds over $1 million in various altcoins, raising concerns about potential market impact if sold. Authorities and crypto issuers have frozen more than $9 million of the stolen funds, and investigations continue to track and recover assets amid heightened scrutiny following a recent $6.3 billion Binance hack.

The stolen funds include over $9 million in Tether, which trades at Rp18.150 on Pluang with a slight 0.19% gain as of Nov 03, 2026 17:41 WIB. Market activity shows 67% of Pluang users selling USDT and 33% buying, with typical hold times around 92 days. These figures highlight ongoing investor engagement with Tether despite the recent security incidents.

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