Bitquery: Funds Suspected to Be Stolen From an EU Entity Previously Bought 27,553 ETH
TechFlow reported on November 3 that, according to on-chain analysis by Bitquery, an address associated with funds allegedly stolen from a certain EU entity spent approximately $62.98 million in stablecoins via UniswapX to buy 27,553 ETH. The transaction lasted roughly 4 hours at an average price of around $2,286.Previously, on-chain monitoring platforms viewed this trade as a whale purchase. After tracing the previously disclosed addresses and fund flows tied to the case, Bitquery linked the conversion to the suspected theft incident.
TechFlow reported on November 3 that, according to on-chain analysis by Bitquery, an address associated with funds allegedly stolen from a certain EU entity spent approximately $62.98 million in stablecoins via UniswapX to buy 27,553 ETH. The transaction lasted roughly 4 hours at an average price of around $2,286.
Previously, on-chain monitoring platforms viewed this trade as a whale purchase. After tracing the previously disclosed addresses and fund flows tied to the case, Bitquery linked the conversion to the suspected theft incident.
