Notorious Bitrue Drainer Strikes Again, Liquidating $16.34 Million of ETH

• Bitrue Drainer has unloaded 4,207 ETH for $16.34 million in the DAI stablecoin.
• The transaction follows the Bitrue security breach in April 2023, when $23.5 million was stolen.
• The hacker still holds ETH, SHIB, and HOT tokens worth over $24 million.

The crypto surveillance platform Lookonchain has revealed alarming developments regarding the infamous Bitrue Drainer-labeled address. According to the disclosure, the same hacker responsible for a staggering $23.5 million heist on Bitrue Exchange last year has resurfaced with a hefty crypto sale.

In particular, Lookonchain noted that the Bitrue Drainer unloaded 4,207 ETH for $16.34 million denominated in the DAI stablecoin. The hacker executed the transaction within the last 24 hours, dumping the ETH at $3,885 a pop.

Notably, this transaction followed the Bitrue securit…

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