Another $46 million in stolen crypto has been moved and swapped by the Wormhole hacker who seems to be seeking arbitrage opportunities, according to on-chain records.
According to blockchain security firm PeckShield, the hacker’s associated wallet has become active once again, moving d $46 million worth of crypto assets.
This was made up of around 24,400 of Lido Finance-wrapped Ethereum staking token , worth approximately $41.4 million and 3,000 Rocket Pool Ethereum staking token , worth about $5 million, which was moved to MakerDAO. The hacker appears to be seeking yield or arbitrage opportunities on their stolen loot as the assets were exchanged for 16.6 million DAI, PeckShield reported.
The MakerDAO stablecoin was then used to buy 9,750 ETH priced at around $1,537 and 1,000 stETH. These were then wrapped back into 9,700 wstETH.
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