Mercado Bitcoin hacker transferred out about $11.45 million
According to Arkham monitoring, the Mercado Bitcoin hacker has transferred a cumulative total of approximately $11.45 million worth of altcoins to different addresses for sale, involving assets such as ENA, CRV, and ZRO, and is suspected to be consolidating ETH in one address. Wu Blockchain and PANews reported this successively in the early hours of November 4, with PANews adding that the consolidation address starts with 0x4691.
Event Timeline
- [11-04 04:58] Mercado Bitcoin hacker transferred out approximately $11.45 million in altcoins, suspectedly consolidating ETH (Wu Blockchain)
- [11-04 05:00] Mercado Bitcoin hacker sold $11.45 million in altcoins and consolidated ETH (PANews)
Background and Impact
In the early hours of November 4, Arkham's on-chain monitoring data was reported successively by Wu Blockchain and PANews: the Mercado Bitcoin hacker has transferred a cumulative total of approximately $11.45 million worth of altcoins to different addresses for sale; assets transferred out of the related addresses include ENA, CRV, and ZRO, among others. Both sources mentioned that the hacker appears to be consolidating ETH in one address; PANews further pointed out that the address starts with 0x4691, while Wu Blockchain's report did not disclose the address prefix. The two are consistent in their statements on the amount and asset types, with the only difference being the level of detail disclosed about the address.
Looking at the timeline, Wu Blockchain's message was published at 2026-11-04 04:58, and PANews' at 05:00, about two minutes apart. Both reports use Arkham's monitoring as the data source, so currently public information is limited to address flows and asset categories; the materials do not include the total amount of stolen funds, victim handling progress, official platform response, or law enforcement involvement.
At the impact level, stolen funds moving from concentrated holding to being dispersed across multiple addresses and entering the sale stage usually means the monetization process has already begun; consolidating ETH into the same address is closer to centralized management of more liquid assets after disposing of altcoins. ENA, CRV, and ZRO are all altcoins; if the related addresses continue selling into the market, this may in the short term put pressure on the order books of the above coins, but the existing materials do not disclose the sale progress and transaction prices, nor can the actual scale of impact be judged from them.
For ordinary users, such security incidents are often followed by searches for the official entry points of trading platforms, such as "Binance registration APP download," "OKX registration APP download," "HTX registration APP download," "Gate.io registration APP download," and "Bitget registration APP download"; the core demand is to verify official channels and avoid mistakenly entering counterfeit pages. It should be noted that the information disclosed this time only involves the fund flows of the hacker addresses; neither source associates any trading platform with this incident.
FAQ
### How much funds and which assets were involved in this transfer?
According to Arkham monitoring and reports by Wu Blockchain and PANews, the Mercado Bitcoin hacker has transferred a cumulative total of approximately $11.45 million worth of altcoins to different addresses for sale; the transferred assets include ENA, CRV, and ZRO, among others.
### Why did the hacker consolidate ETH into one address?
The reports only say that it "appears to be consolidating ETH in one address," and PANews pointed out that the address starts with 0x4691. The materials do not disclose the specific purpose of the consolidation; a common interpretation is centralized management of more liquid assets after disposing of altcoins.
### What nodes need attention going forward?
Attention can be paid to the ETH flows from the address starting with 0x4691, the sale progress of assets such as ENA, CRV, and ZRO, and whether Mercado Bitcoin or law enforcement departments respond to the matter; the existing materials do not yet cover these contents.