Key Notes

The hacker purchased 3,976 ETH worth $18.9M on Sept 13 but sold at a $932K loss two days later during market decline.

Decentralized exchanges like CoW Protocol enable unrestricted trading as they operate on censorship-resistant blockchain networks.

Ethereum currently tests crucial $4,505 support levels ahead of the Federal Reserve's interest rate decision on September 17.

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 ETH $4 520 24h volatility: 2.5% Market

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