Ethereum Whale Alert: Upbit Hacker transfer around 11.798 ETH

by

Again and again investors fall in to scams around Bitcoin, Ethereum and other cryptocurrencies. Sometimes no Scam behind it, but a Hack of a larger Exchnage is plugged in. Over the last few years, crypto-currencies were the equivalent of several billion USD stolen. But the hackers or scammers are often faced with the Problem is to wash the crypto-currencies. The addresses to which the Bitcoin or Ethereum to the hackers or scammers are generally known and are filtered by the large Exchanges out. Nevertheless, the hackers manage to wash again and again in smaller tranches of funds over different Exchanges.Yesterday Whale Alert has noted on Twitter, several movements from the Upbit Hack in Ethereum. A total of around 11.798 ETH were transferred in the equivalent of about 2.340.000 USD on unknown Wallets.

Contents

Upbit Hacker transfer around 11.798 Ethereum

In November of last year, hackers managed to steal 92 billion KRW in Ethereum from the South Korean Exchange Upbit – a little more than 300,000 ETH. The gigantic amount of Ethereum has been transferred without notice to another Wallet and was for the operator is no longer accessible. It was assumed that Job was in the Hack to an Insider.The stock market has turned to other Exchanges and asked for help. The CEO of Binance has immediately responded and said that he is freezing all of the Ethereum, the land of the said addresses on Binance.The hackers try to distribute for a number of months, the Funds to different addresses, complicating the traceability. Yesterday, the Whale Alert on Twitter, the observed regular currencies great movements of various Crypto-reported now that the hackers have moved 11.798 ETH on different Wallets.The best and safest stock market choose for you to opt for the right provider is not always easy. Therefore, we recommend that you take a look at our Bitcoin brokers & exchanges to throw a comparison. Trading on the safest and best exchanges in the world! For Comparison

To not expect the Dump

Here is one of the Tweets of Whale Alert. If you want to watch the further movements, you can do that directly via the Twitter Account of Whale Alert.

There is no reason to panic. The Funds have landed up to now on any Exchange. In addition, the 11.798 ETH will not cause a major Dump. These are in fact sold, probably only on a single Exchange, if at all, and thus, locally, the course briefly press down.The possible sales of the Upbit Hacker to a price collapse in the case of Ethereum?(Image Source: Shutterstock)

Cryptocurrency Market