BTCSOS

Mercado Bitcoin hacked: $8 million in ETH transferred, walle

2026-11-03 21:11 · 3 sources

ETH

According to Arkham monitoring, on November 3, 2026, the Mercado Bitcoin hacker moved $8 million worth of ETH to a new wallet, possibly preparing to deposit it into Tornado Cash, and still holds $46 million in crypto assets. The three sources show slight differences in data source attribution and amount wording.

Event Timeline

Background and Impact

In the early morning of November 3, 2026, three Chinese crypto media outlets reported the same on-chain transfer within minutes of each other. PANews at 06:26, citing Arkham monitoring, said the Mercado Bitcoin hacker moved $8 million worth of ETH to a new wallet and may be preparing to deposit it into Tornado Cash; Odaily Planet Daily at 06:28 followed up on the same content with the wording "according to on-chain monitoring"; Wu Said at 06:31 reported the same amount and destination, and added that Arkham reminded users they can set alerts to track subsequent transfers. None of the three disclosed the sending address, fee, or transaction hash of this ETH transfer.

According to the consistent accounts of the three sources, after completing the above transfer, the hacker still holds $46 million in crypto assets, and the $8 million transferred this time is only part of it. The materials do not explain when these assets were originally acquired or their composition, nor do they mention whether law enforcement agencies or Mercado Bitcoin were involved. Regarding the wording "deposit into Tornado Cash," all three use the phrase "may be preparing," which is speculation about the motive for the transfer; there is currently no evidence that the funds have already been deposited.

After multi-source comparison, the discrepancies appear in two details, not in the main facts: on data source, PANews and Wu Said both explicitly label it as Arkham monitoring, while Odaily only writes "according to on-chain monitoring" without naming the institution; on amount wording, PANews and Odaily write "$46 million," while Wu Said writes "about $46 million"; the rest of the content basically overlaps. None of the three provided an independent verification statement on the incident, and readers need to understand the above figures on that premise.

In terms of impact, the $8 million ETH transfer itself did not change the magnitude of the hacker's holdings; what the market is really focused on is where the funds go: if they subsequently enter a mixing service, the tracking chain will be significantly lengthened; if they remain in the new wallet, they are still within the range that can be labeled and monitored. Wu Said mentioned that Arkham suggested users set alerts, which means every subsequent transfer may be publicly recorded. For ordinary readers, a more practical approach is to watch verifiable on-chain data and platform announcements. For example, those who habitually use services through Huobi HTX registration APP download, Zhima Gate.io registration APP download, Bitget registration APP download, Binance registration APP download, and OKX registration APP download can also pay attention to relevant notices on platform announcement boards.

FAQ

### Will this transfer directly affect ordinary users' assets?

The available materials do not show a direct connection between this transfer and trading platform user funds; the reports focus on the on-chain movements of the hacker address. The impact is mainly at the tracking and monitoring level, and the materials do not involve information about user asset losses.

### Is $8 million all of this hacker's assets?

No. All three sources mention that after transferring $8 million in ETH, the hacker still holds $46 million in crypto assets; this transfer is only part of it, and the remainder is currently still in addresses under the hacker's control.

### What points are worth watching going forward?

Three points can be watched: whether the next transfer from the new wallet points to Tornado Cash, whether the remaining $46 million in assets moves, and the records of alerts for the relevant addresses on Arkham. None of the three sources gave a timetable.

Sources

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