Mercado Bitcoin Attacker Swaps Stolen Altcoins Into 7,988 ETH Valued at $18.19 Million

A cryptocurrency wallet linked to the Mercado Bitcoin exploit holds 7,988 ETH valued at approximately $18.19 million after consolidating stolen funds. According to on-chain data reported by Lookonchain, the attacker systematically liquidated a diverse portfolio of altcoins through multiple token swaps. The converted tokens included Pepe (PEPE), Aave (AAVE), Uniswap (UNI), Ondo (ONDO), Ethena (ENA), and other lower-cap digital assets, shifting the wallet's entire asset composition into Ether to centralize holdings into a high-liquidity asset.