A Whale’s Ethereum Worth $24 Million Was Stolen

According to the information shared by PeckShield, a massive whale phishing attack lost its entire address balance in Lido Staked ETH (stETH) and Rocket Pool ETH (rETH).

In the world of cryptocurrency, ‘whales,’ as we call crypto-rich individuals, can often become targets due to their large investments. According to a news report shared yesterday, a crypto whale lost a full 24 million dollars of Ethereum as a result of a well-planned phishing attack.

The cryptocurrency security firm PeckShield reported that a major crypto investor lost all of their address balance in Lido Staked ETH (stETH) and Rocket Pool ETH (rETH) as a result of a phishing attack. The attack was carried out in just two transactions; 9,579 stETH were stolen in one, and 4,851 rETH in the other. The total value of the assets stolen during the attack, which occurred on September 6, was 24 million dollars.

Stolen Funds Distributed to Three Different Addresses

According to PeckShield’s data, the phisher later exchanged the stolen assets for 13,785 Ether and 1.64 million Dai tokens. A large portion of these Dai tokens have already been transferred to the fully automated cryptocurrency exchange FixFloat.

SlowMist’s crypto tracking team, MistTrack, reported that the majority of the remaining stolen funds were transferred to three different addresses, including 0x4f2f02ee, 0x7023505, and 0x2abdc2ab.

Source: Cointelegraph

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