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Infini Hacker began to cash out and transfer funds after making a profit of 11 million USD in ETH.
According to a report from Jinse Finance, on-chain analyst Yu Jin monitored that the Infini hacker began selling and transferring ETH after making a profit of 11 million USD from the ETH in hand. On 2/24, approximately 49.5 million USDC was stolen from Infini. The hacker purchased 17,696 BTC with USDC at a price of 2,798 USD and has not made any further operations. Five months later, today the price of ETH broke through $3,400. The ETH in the hands of the Hacker increased in value by $11 million, reaching a total of $60.5 million. So the Hacker also took action: Sell 1,770 ETH for 5.878 million DAI; Deposit 5,001 ETH into Tornado Cash.