Dormant Crypto Wallet Tied To Major DeFi Exploits Resurfaces, Liquidates Over $2 Million In Assets
An Ethereum (ETH) address reportedly connected to the perpetrators of the 2021 Indexed Finance exploit and the 2023 KyberSwap attack has sprung back to life after roughly a year of inactivity, reportedly dumping millions in cryptocurrency holdings. On-chain monitoring firm Lookonchain has now reported that the wallet executed a series of transactions within an eight-hour window, offloading tokens valued at more than $2 million at the time of writing.
The transactions included approximately 226,961 UNI tokens (worth around $1.36 million), 33,215 LINK (valued at $410,000), 845,806 CRV (totaling $328,000), and 5.25 YFI (approximately $17,500).
These moves mark the first significant activity from the address since late 2024, raising…
