Cetus Hacker Swaps 61.47 Million USDC and 1770.5 SOL for 23,244 ETH Amid Market Insights

In a recent report from COINOTAG dated May 22, Onchain Lens reveals significant activity from the Cetus hacker, who has executed swaps totaling **61.47 million USDC** and **1,770.5 SOL**, equivalent to roughly **$315,659**. This strategic maneuver has resulted in the acquisition of **23,244 ETH**, reflecting an average exchange rate of **$2,658 per ETH**. Such large-scale crypto transactions highlight the ongoing volatility in the digital asset realm and underscore the importance of asset tracking in real-time. Investors and stakeholders must remain vigilant about potential market impacts stemming from these kinds of trades, as they may foreshadow shifts in liquidity or price trends. Keeping abreast of these developments is crucial for anticipating future market movements in an increasingly complex ***cryptocurrency ecosystem***.