Hack Drains $800K from 500 Long-Dormant ETH Wallets; Price Steady at $2,285

Reports on May 2 confirmed hackers drained over $800,000 from more than 500 long-dormant Ethereum wallets in a coordinated April 30 attack. Funds were swept to a tagged Etherscan address (Fake_Phishing2831105), with 324.741 ETH (~$734K) bridged to Bitcoin via THORChain and 2 ETH deposited to an exchange likely for Monero. Wallets, last active 2018-2022, highlight legacy key vulnerabilities amid April's record 28 crypto hacks totaling $635 million, led by KelpDAO (~$292M) and Drift (~$280M). ETH held steady around $2,285 with minimal disruption.