The hacker responsible for stealing over $300 million from Coinbase has just made another major Ethereum purchase.
According to on-chain data from Arkham, wallet address 0x15f4c13E0cA461e0ef23F6d35Bbeb5dCE2495879 received 3,976 ETH worth approximately $18 million at a price of $4,756 per token.
This wallet has been closely monitored since the May 2025 breach, when Coinbase disclosed that nearly 70,000 customers had their personal data compromised.
The attack involved bribing overseas support staff and using social engineering tactics to trick users into transferring funds. In response, Coinbase offered a $20 million reward for information leading to the arrest and conviction of those responsible.
Ethereum price breaks above consolidation
Ethereum continues to impress with a 9.7% weekly gain, pushing prices higher after breaking out of the $4,200–$4,400 consolidation zone.
At press time, ETH trades at $4,717.87, up 4.53% in 24 hours, with market capitalization climbing to $569.46 billion and trading volume reaching $43.08 billion.
Technical indicators show strong momentum, with the 50-day EMA at $4,209 acting as dynamic support, while the 100-day EMA ($3,682) and 200-day EMA ($3,249) remain well below, reinforcing the uptrend. Market data indicates that dips are being aggressively bought, and open interest remains high with funding rates neutral.
Notably, one of the crypto market’s most followed traders, Byzantine General, recently posted a chart predicting a potential “monster candle” for Ethereum.
With price action coiling near local highs, analysts believe ETH may be on the verge of a decisive move that could set the tone for the remainder of the bull market.
