Hackers are pumping $24 million, while whales like Arthur Hayes are crazily sucking ETH! Ethereum is becoming the core of funding undercurrents In the past 24 hours, Ethereum (ETH) on the chain has experienced frequent fluctuations. On the one hand, there have been millions of level hacker attacks and money laundering operations; On the other hand, KOLs and mysterious whales are frantically hoarding chips at low levels! 1、 AFX Trade suddenly hacked: $24.15 million forced to be exchanged for ETH According to on chain data monitoring, the cross chain bridge project AFX Trade has been attacked by hackers: one ️⃣ Attack details: Hackers extracted 24.15 million USDC from the cross chain bridge and quickly transferred it across the chain to the Ethereum mainnet. two ️⃣ Money laundering path: Hackers quickly scanned USDC and bought 12467 ETH (with an average buying price of about $1937), which is currently being transferred. 2、 Whales and KOLs are crazily sucking ETH: Is the bottom fishing horn sounding? In response to hackers selling stablecoins and buying ETH, top whales and institutions are also strongly buying at low levels: Arthur Hayes is continuously adding positions: Bought 644.34 ETH (approximately $1.25 million) again 8 hours ago. In the past 8 days, he has accumulated 3270 ETH (approximately 6.27 million US dollars) in positions, with an average price hovering around $1917. Mysterious giant whale large pending order: A mysterious address that has been dormant for 3 months received a large sum of 27000 ETH (worth 52.03 million US dollars) through Galaxy Digital OTC channel 4 hours ago! Whale Address: 0x8c58... 04b1 Long term giant whale 0x2684 continues to raise funds: Since the end of June, it has accumulated purchases of over 132 million US dollars in ETH and WBTC, and currently has a floating profit of over 12.5 million US dollars across all positions. 3、 The latest trends in institutional funds and smart money ETF continues to be congested: Updated data on July 22nd showed a net inflow of+3078 BTC (approximately $202 million) in a single day for spot Bitcoin ETFs; Net inflow of spot Ethereum ETF+19682 ETH (approximately $38 million). Multicoin Capital took profit: made significant unstake and deposit actions on HYPE (with a scale of approximately $36.5 million), locking in approximately $18.5 million in profits. Next, we will focus on observing whether the 12000 ETH held by hacker addresses will generate secondary market selling pressure, and whether spot buying can help ETH stabilize at key support levels.