{"id":162935,"date":"2024-03-11T14:10:29","date_gmt":"2024-03-11T14:10:29","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=162935"},"modified":"2024-03-11T14:28:02","modified_gmt":"2024-03-11T14:28:02","slug":"bitrue-drainer-dumps-16-34-million-in-eth-holding-stolen-tokens-worth-24-million-post-hack","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/bitrue-drainer-dumps-16-34-million-in-eth-holding-stolen-tokens-worth-24-million-post-hack\/","title":{"rendered":"Bitrue Drainer Dumps $16.34 Million in ETH, Holding Stolen Tokens Worth $24 Million Post-Hack"},"content":{"rendered":"<p style=\"text-align: justify\">TL;DR<\/p>\n<ul style=\"text-align: justify\">\n<li>The infamous Bitrue drainer, known for the $23.5 million heist in 2023, <strong>liquidated $16.34 million in Ethereum.<\/strong><\/li>\n<li>In the last 24 hours, the hacker<strong> sold 4,207 ETH at $3,885 per unit<\/strong>, according to Lookonchain.<\/li>\n<li>The hacker retains assets valued in millions of dollars, <strong>including 4,650 ETH, 150 billion SHIB, and 756 million HOT.<\/strong><br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify\"><strong>The infamous Bitrue drainer, known for the historic $23.5 million <a href=\"https:\/\/crypto-economy.com\/protect-bitcoin-cryptocurrencies\/\" target=\"_blank\" rel=\"noopener\">theft<\/a> on Bitrue Exchange last year, has returned to the scene with a new operation, liquidating a total of $16.34 million in Ethereum (ETH).<\/strong> The surveillance platform Lookonchain revealed these events, highlighting that the same hacker behind the massive Bitrue heist in 2023 has reappeared with a significant cryptocurrency sale.<!--more--><\/p>\n<p style=\"text-align: justify\">Over the last 24 hours, the hacker executed a transaction <strong>unloading 4,207 <a href=\"https:\/\/coinmarketcap.com\/currencies\/ethereum\/\" target=\"_blank\" rel=\"noopener\">ETH<\/a> for a total of $16.34 million, denominated in the DAI stablecoin.<\/strong> This move occurred at a price of $3,885 per ETH.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The <a href=\"https:\/\/twitter.com\/hashtag\/Bitrue?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Bitrue<\/a> Drainer sold 4,207 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$ETH<\/a> for 16.34M <a href=\"https:\/\/twitter.com\/search?q=%24DAI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$DAI<\/a> at $3,885 8 hours ago.<a href=\"https:\/\/twitter.com\/hashtag\/BitrueDrainer?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#BitrueDrainer<\/a> stole $23.5M assets on April 14, 2023, including:<br \/>137,000 <a href=\"https:\/\/twitter.com\/search?q=%24QNT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$QNT<\/a>($17M)<br \/>46.4M <a href=\"https:\/\/twitter.com\/search?q=%24GALA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$GALA<\/a>($2M)<br \/>172.55B <a href=\"https:\/\/twitter.com\/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$SHIB<\/a>($1.91M)<br \/>756M <a href=\"https:\/\/twitter.com\/search?q=%24HOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$HOT<\/a>($1.54M)<br \/>318 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$ETH<\/a>($640K)<br \/>310,071 <a href=\"https:\/\/twitter.com\/search?q=%24MATIC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$MATIC<\/a>($352K)<\/p>\n<p>Then sold 137,000 <a href=\"https:\/\/twitter.com\/search?q=%24QNT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$QNT<\/a>\u2026 <a href=\"https:\/\/t.co\/Ptg5mbCB5C\" target=\"_blank\">pic.twitter.com\/Ptg5mbCB5C<\/a><\/p>\n<p>&mdash; Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1767028987140948340?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">March 11, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\">This event follows the cyberattack on Bitrue on April 14, 2023, in which the wrongdoer made off with millions in digital assets. Stolen <a href=\"https:\/\/crypto-economy.com\/metamask-vs-trust-wallet\/\" target=\"_blank\" rel=\"noopener\">funds<\/a> included<strong> 137,000 Quant (QNT), 46.4 million Gala (GALA), 172.55 billion Shiba Inu (SHIB), 756 million Holo (HOT), 318 ETH, and 310,051 Polygon (MATIC).<\/strong><\/p>\n<h2>Bull Market Doubles Drainer&#8217;s Fortune<\/h2>\n<p style=\"text-align: justify\">After the breach, <strong>the hacker sold 137,000 QNT for $14.74 million in Ethereum, causing a 9% drop in QNT&#8217;s value within hours.<\/strong> On the same day, the hacker <strong>liquidated 46.4 million GALA for $1.86 million, 22.55 billion SHIB for $236,000, and 310,071 MATIC for $343,000.<\/strong><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-80347\" src=\"https:\/\/crypto-economy.com\/es\/\/wp-content\/uploads\/sites\/4\/2024\/03\/bitrue-post-1.jpg\" alt=\"bitrue drainer\" width=\"825\" height=\"300\" \/><\/p>\n<p style=\"text-align: justify\">Despite these massive sales, some cryptocurrencies remained beyond the Drainer&#8217;s reach. Currently, the hacker&#8217;s holdings include <strong>4,650 Ethereum, 150 billion SHIB, and 756 million HOT<\/strong>, <strong>with an estimated value of $17.68 million, $4.7 million, and $2.9 million,<\/strong> respectively.<\/p>\n<p style=\"text-align: justify\">It is essential to note that, although <strong>the value of the stolen assets was $23.5 million at the time of the theft, the recent bull market has more than doubled this value.<\/strong> In other words, despite previous sales, the hacker still retains a monetary value that surpasses the initial stolen funds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR The infamous Bitrue drainer, known for the $23.5 million heist in 2023, liquidated $16.34 million in Ethereum. In the last 24 hours, the hacker sold 4,207 ETH at $3,885 per unit, according to Lookonchain. The hacker retains assets valued in millions of dollars, including 4,650 ETH, 150 billion SHIB, and 756 million HOT. The &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Bitrue Drainer Dumps $16.34 Million in ETH, Holding Stolen Tokens Worth $24 Million Post-Hack\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/bitrue-drainer-dumps-16-34-million-in-eth-holding-stolen-tokens-worth-24-million-post-hack\/#more-162935\" aria-label=\"More on Bitrue Drainer Dumps $16.34 Million in ETH, Holding Stolen Tokens Worth $24 Million Post-Hack\">Read more<\/a><\/p>\n","protected":false},"author":34,"featured_media":162937,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,74],"tags":[4656,4679,4708,5484],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/162935"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=162935"}],"version-history":[{"count":2,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/162935\/revisions"}],"predecessor-version":[{"id":162944,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/162935\/revisions\/162944"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/162937"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=162935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=162935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=162935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}