Crypto Hacker Behind Infini Exploit Returns, Moves $32M ETH in Fresh Transfers

TheNewsCryptoPublished on 2026-02-09Last updated on 2026-02-09

Abstract

A cryptocurrency wallet linked to the 2025 Infini exploit has resumed activity after 200 days, moving $32 million worth of Ethereum. According to Lookonchain, the wallet purchased 6,316 ETH at an average price of $2,109 during the recent market dip and immediately transferred the entire amount to the privacy service Tornado Cash. This activity, confirmed by security firms PeckShield and CertiK, follows a pattern of the entity accumulating ETH near market lows and moving funds through mixers to obscure tracing. The wallet was originally funded from the Infini hack, which lost $49.5 million in digital assets. Recovery remains difficult once funds enter mixing services like Tornado Cash.

A cryptocurrency wallet, which was linked to last year’s Infini exploit, has been active again after six months of silence. Blockchain trading firm says that the wallet bought millions of dollars’ worth of Ethereum during the recent price drop and then sent it to the private mixing service, which is supposed to hide where the money goes.

According to the data shared by Lookonchain, the wallet bought 6,316 ETH and paid an average price of roughly $2,109 per coin. Immediately, the entire balance was moved to Tornado Cash, and this movement was confirmed by the two security companies, PeckShield and CertiK. Researchers noted that this address showed activity after 200 days.

What is Tornado Cash

Basically, Tornado Cash is a cash mixer. It works by mixing many users’ cryptocurrencies before redistributing them, which makes it very difficult to trace the source. This helps protect the user’s money from hacking and exploits and avoids being tracked by exchanges or enforcement agencies.

The analyst says that this wallet has shown an unusual pattern of trading, accumulating ETH at the near local market lows and selling the portion near strong highs. The past activity includes, after the Infini attack, the stolen funds being turned into 17,696 ETH in February 2025. In July 2025, 5000 ETH was sent to Tornado Cash. In February 2026, 6,316 ETH were bought at the recent dip at $2,109.

Infini suffered its major security failure in Feb 2025. At that time, attackers gained control over the internal permissions, which allowed them to move about $49.5 million in digital assets. The funds were quickly swapped across tokens and converted into ETH. This was distributed across many wallets. This strategy complicated the recovery attempts.

Right now, there is no sign that the newly moved ETH has been frozen, and the investigators are still watching for where the money might surface next. Once assets pass through mixers, the recovery usually becomes much harder.

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Related Questions

QWhat was the recent activity of the cryptocurrency wallet linked to the Infini exploit?

AThe wallet, after six months of inactivity, bought 6,316 ETH at an average price of $2,109 and immediately sent the entire amount to the Tornado Cash mixing service.

QWhat is the primary function of Tornado Cash as described in the article?

ATornado Cash is a cryptocurrency mixing service that obfuscates the trail of funds by pooling and mixing them with those of other users, making it extremely difficult to trace their origin.

QHow much Ethereum (ETH) was converted from the stolen funds after the Infini attack in February 2025?

AThe stolen funds from the Infini attack were converted into 17,696 ETH.

QWhat was the total value of digital assets the attackers moved in the Infini security failure?

AThe attackers moved approximately $49.5 million in digital assets during the Infini exploit.

QWhat trading pattern did analysts observe in the wallet's past activity?

AAnalysts noted an unusual pattern where the wallet accumulated ETH near local market lows and sold portions of it near strong market highs.

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