Latest Update
2026-11-02 05:24 UTC

Lookonchain: EU Entity Loses $106M+ From CEX Accounts

Lookonchain: EU Entity Loses $106M+ From CEX Accounts

Lookonchain reports an EU entity suspected of losing over $106 million from multiple centralized exchange accounts, with the attacker using wallet 0x9eca to purchase 27,553 ETH for $62.97 million at an average price of $2,286.

Source

Analysis

Lookonchain flagged a suspected compromise of multiple centralized exchange accounts tied to an EU entity, with losses exceeding $106 million. The attacker routed proceeds through wallet 0x9eca, acquiring 27,553 ETH for $62.97 million at an average of $2,286 before dispersing funds across platforms.

ETH trades at $2,279.1 inside its Bollinger band on the 4-hour chart, testing upper resistance at $2,301.45 while the 50-EMA sits at $2,302.87 and the 200-EMA at $2,433.72. Despite the bearish structure, MACD has printed a golden cross at -4.23 and RSI holds neutral at 49.32, suggesting any rejection at the upper band could target the lower support near $2,220.19 before the next directional move.

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