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July 7, 2025

Coinbase Hacker Returns with a $12.5 Million ETH Purchase

The crypto market is abuzz as a Coinbase hacker makes headlines again by purchasing $12.5 million worth of Ethereum. This bold move raises questions about security and the impact on Ethereum’s price. Market participants are keenly observing how this significant transaction will play out and what it means for the overall sentiment towards decentralized finance and the Ethereum network. The hacker’s return to the market signals the ongoing complexities within the crypto landscape, highlighting issues around security and trust. Stakeholders are concerned about the implications for Ethereum’s future as the situation develops.

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