Hacker who stole EU entity funds bought 27,553 ETH yesterday, worth approximately $62.83 million.

November 3rd, according to on-chain analyst Ai Yi (@ai_9684xtpa) monitoring, a hacker suspected of stealing approximately $106 million from an EU entity bought 27,553 ETH in a single day yesterday, worth about $62.83 million, with all positions established on-chain at an average price of approximately $2,280.34, and appears to have paused buying for now.

Last night, on-chain detective ZachXBT posted on his personal channel that an EU entity is suspected to have lost over $106 million from multiple centralized exchange accounts. The hacker continues to convert large amounts of USDC into ETH.