On July 17, monitoring data from SlowMist Yuxian revealed that the Infini hacker’s latest wallet is actively converting a portion of Ethereum (ETH) holdings into Dai (DAI). The wallet has successfully acquired approximately 5.87 million DAI through the systematic liquidation of ETH assets. This transaction highlights ongoing asset movements within the decentralized finance ecosystem, emphasizing the importance of vigilant blockchain surveillance. Market participants and security analysts should note these developments as part of broader trends in crypto asset reallocation and risk management strategies.
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Source: https://en.coinotag.com/breakingnews/infini-hacker-converts-5-87-million-eth-into-dai-in-latest-crypto-move/