“Coinbase Hacker” Spends $8M on Solana — SHIB Holders Take Note

Summary: What recent activity has the Coinbase Hacker conducted? The Coinbase Hacker recently spent nearly $8 million buying Solana, after previously selling large amounts of Ether. This shows that stolen crypto can still move even when wallets are publicly tracked. Blockchain transparency allows monitoring, but it doesn’t prevent the transfer of funds once they reach exchanges or platforms. A crypto wallet linked to the so-called “Coinbase Hacker,” accused of stealing over $300 million from Coinbase users, has reportedly purchased nearly $8 million worth of Solana (SOL) source: https://news.shib.io/2025/08/25/coinbase-hacker-spends-8m-on-solana-shib-holders-take-note/