Wallet Linked to $300M Coinbase Hacker May Be Accumulating Ethereum After 3,976 ETH Transfer

• Wallet 0x15f4 received 3,976 ETH (~$18M) at ~ $4,756/ETH

• Ethereum has broken above a $4,200–$4,400 consolidation, showing strong weekly gains.

• On-chain monitors (Arkham) and market data (CoinMarketCap) show rising momentum and sustained open interest.

Coinbase hacker Ethereum purchase: wallet 0x15f4 bought 3,976 ETH (~$18M). Get the latest on the breach, ETH breakout, and investigation updates — read now.

What happened in the Coinbase hacker Ethereum purchase?

Coinbase hacker Ethereum purchase refers to the on-chain transfer where wallet 0x15f4c13E0cA461e0ef23F6d35Bbeb5dCE2495879 received 3,976 ETH, valued at roughly $18 million at a per-token price near $4,756. Authorities and blockchain monitors are tracking subsequent movements.

The transfer follows the May 2025 Coinbase breach that exposed personal data for nearly 70,000 users. Investigators continue to analyze wallet flows and exchange interactions while Coinbase maintains a $20 million reward for information leading to arrests.

Source: Arkham

How was the wallet activity identified and what does on-chain data show?

Blockchain analytics firms flagged the 0x15f4 wallet after the May breach and continued to monitor its inflows and outflows. On-chain records show a single inbound of 3,976 ETH at the noted price level, consistent with transfers tied to centralized exchange withdrawals and OTC movements.

Arkham (on-chain analytics) provided the transaction trace used by investigators. Plain-text references: Arkham and CoinMarketCap are the market and analytics sources cited in reporting and monitoring summaries.

How is Ethereum price reacting to these flows and market momentum?

Ethereum’s price has rallied, breaking above the prior $4,200–$4,400 consolidation and registering a 9.7% weekly gain. Current spot data shows ETH trading near $4,717.87, up 4.53% in 24 hours, with market cap around $569.46 billion and 24-hour volume about $43.08 billion.

Source: CoinMarketCap

Technical indicators back the bullish bias: 50‑day EMA at $4,209 acting as near-term support, with the 100‑day and 200‑day EMAs at $3,682 and $3,249 respectively. Market participants note dips are being bought and open interest remains elevated.

Why does this wallet purchase matter to traders and investigators?

The movement of large balances can signal selling pressure if funds touch exchanges, or conversely signal consolidation if moved to cold storage. For investigators, traced inflows and counterparty identifications can lead to actionable leads in the probe into the May breach.

Frequently Asked Questions

Which wallet received the funds and how much did it get?

The wallet 0x15f4c13E0cA461e0ef23F6d35Bbeb5dCE2495879 received 3,976 ETH, valued at roughly $18 million at the reported per-token price near $4,756.

What was the method used in the May 2025 Coinbase breach?

Investigators say the breach involved bribing overseas support staff and social engineering to coax users into transferring funds. Coinbase publicly announced the breach and offered a $20 million reward for information leading to convictions.

How might this affect ETH price in the short term?

Large on-chain transfers can increase volatility if funds are routed to exchanges. Current technicals and high open interest suggest bullish momentum; however, selling of these holdings could introduce near-term downward pressure.

Key Takeaways

• Major wallet move: 0x15f4 received 3,976 ETH (~$18M), prompting increased monitoring.
• Price momentum: ETH broke above consolidation, supported by moving averages and high open interest.
• Investigation ongoing: Coinbase’s $20M reward and blockchain tracing efforts remain active; on-chain analytics are central to the probe.

Conclusion

On-chain evidence confirms a substantial Ethereum inflow to a wallet linked by investigators to the May 2025 Coinbase breach. Market indicators show continued bullish momentum for ETH, while law enforcement and blockchain analysts pursue traceable leads. Readers should follow official updates from COINOTAG and on-chain analytics for developments.