Latest Update
2026-10-10 01:28 UTC

Lookonchain: Ledger Drainer Steals 59 ETH From Dormant Wallet

Lookonchain: Ledger Drainer Steals 59 ETH From Dormant Wallet

Lookonchain reports that an 8-year-old wallet lost its entire 59 ETH balance worth $146.8K to the CryptoBillis Ledger Drainer after the owner activated a new address following four years of inactivity.

Source

Analysis

Lookonchain flagged another victim of the CryptoBillis Ledger Drainer. The wallet sat untouched for eight years until its owner moved funds into a fresh address one month ago; the drainer immediately swept all 59 ETH valued at $146.8K.

ETH trades at $2497.08 on the four-hour chart inside a bearish structure defined by the EMA50 at $2593.33 and EMA200 at $2590.42. Momentum shows RSI at 36.15 while MACD registers a bullish golden cross at -42.67. Price sits inside the Bollinger Bands with upper resistance at $2617.16 and lower support at $2422.52. With price testing the upper band while the longer-term EMAs cap upside, a retracement toward the EMA50 confluence near $2590 appears probable before any sustained move higher.


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