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[Suspected Hacker Address Purchases Approximately $23 Million in Monero] According to MLM monitoring, three days ago, an address suspected to be associated with a hacker organization withdrew approximately $29.3 million USDC from Coinbase and converted the funds into DAI. Yesterday, the address exchanged part of the DAI back into USDC and purchased approximately $23 million in Monero (XMR) through multiple associated wallets, driving the price of XMR up by nearly 15% at one point. As of now, the related address still holds approximately $4 million in DAI on-chain, with no further actions to increase XMR holdings observed.

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