Hacker Behind $300M Coinbase Heist Panic-Sells 3,976 ETH (~$18M), Incurs $932K Loss in Two Days

COINOTAG News reported on September 15 that, according to LookIntoChain monitoring, the individual linked to a prior theft from Coinbase users executed a sizable on-chain disposal, selling 3,976 ETH in a concentrated sequence.

The observed transactions amounted to approximately $17.98 million, with an average realized price near $4,522 per ETH; on-chain records show the seller incurred a combined loss of $932,000 over a two-day span.

These verified transaction logs represent a notable ETH sell-off flagged by blockchain analytics; market participants and risk managers can consult the public on-chain data for objective assessment of liquidity and fund flows.

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