An account reportedly connected to a black hat individual or group involved in a massive data breach in May 2025—now known as “the Coinbase hacker”—has been actively trading cryptocurrencies, monitored by on-chain analysts. This account’s most recent activity could have resulted in nearly $1 million in losses amid a capitulation event trading Ethereum . The breach from May enabled attackers to trick users into transferring funds, resulting in losses estimated between $180 million and $400 million, accordi ...