A wallet linked to the $50 million Infini hack has become active once again after a gap of more than 200 days. On-chain data shows that the wallet bought 6m316 ETH, valuing around $13.3 million. The average purchase price was near $2,109.
Soon after the purchase, the wallet moved around 15,470 ETH, valued at around $32.6 million, to a privacy-focused protocol. As per analysts, this move makes tracing the funds significantly harder and suggests deliberate efforts to manage visibility.
The wallet has a history of buying ETH during market lows and moving assets through complex transfers. The activity marks its first transfer since August 2025. Infini suffered the misuse in February 2025, when nearly $49.5 million in USDC was drained, supposedly due to retained developer access.
The stolen funds were quickly swapped into ETH. As a result, it complicated its recovery. Infini has filed lawsuits and has offered a reward of up to 20% for fund recovery, but no major progress has been made.
Security experts have continued to monitor the wallet, as its movements could impact market sentiment and highlight ongoing challenges in tracking stolen crypto assets.
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