Hupzy (Spot On Chain)|Sep 15, 2026 05:25
Lazarus Group liquidated ๐ต๐ญ๐ญ ๐๐ง๐ worth $๐ฎ.๐ฎ๐ด๐ at an average price of $2,499 over a 2-hour window, converting stolen ETH through a wallet tracked and labeled by Arkham.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: State-sponsored hacker ETH sales are a ๐๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฎ๐น ๐๐ฒ๐น๐น ๐ฝ๐ฟ๐ฒ๐๐๐๐ฟ๐ฒ signal to monitor. While $2.28M is modest relative to ETH's daily volume, Lazarus Group is known to hold significantly larger stolen ETH reserves. If this marks the beginning of a sustained liquidation phase rather than a one-off, cumulative sell pressure could become material. ETH is already under pressure from the broader risk-off macro backdrop into the Sep 16 Fed decision, making this an incremental headwind worth tracking.
Watch the wallet for continued outflows:
https://arkm.com/explorer/address/0x0EBA527C81F37A26de66CdB72c723d40F683C22C
source: lookonchain
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