According to @EmberCN, the hacker who stole funds from Coinbase users has continued to liquidate their holdings, selling 8,775 ETH for $23.23M DAI in the past two hours. Since 8 AM today, the hacker has moved a total of 26,347 ETH through THORChain and exchanged it for $68.18M DAI at an average price of $2,588 per ETH. The DAI from these sales is currently stored in two specific addresses. This large-scale sale has the potential to put significant downward pressure on Ethereum prices and could increase volatility across the broader crypto market as traders react to the rapid liquidation. Source: @EmberCN on Twitter.