Infini Hacker Swaps 3003 Stolen ETH for 87 WBTC

Edgen Crypto

·Feb 21 2026, 23:05

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Key Takeaways

An address linked to the historic Infini hack has become active, swapping a significant amount of stolen Ether for Wrapped Bitcoin. This move highlights the persistent challenge of tracking illicit funds on-chain and the potential market risks posed by large volumes of compromised assets.

Hacker activity resumes: An address suspected to be the Infini hacker swapped 3003 ETH for 87 WBTC on February 21, 2026.
Funds obfuscation: The newly acquired 87 WBTC were immediately transferred to a fresh wallet, a common tactic used to obscure the money trail and complicate recovery efforts.
Liquidation risk: The event underscores the latent risk of stolen funds re-entering the market, which could create sudden selling pressure if the hacker attempts to liquidate the assets on an exchange.

Hacker Swaps 3003 ETH for 87 WBTC

On February 21, 2026, an address identified as belonging to the Infini hacker executed a significant on-chain transaction, according to monitoring service Onchain Lens. The wallet swapped 3003 ETH for 87 Wrapped Bitcoin (WBTC), consolidating the stolen assets into a Bitcoin-equivalent token on the Ethereum network. This action marks a renewed effort by the hacker to launder funds from the original exploit and convert them into a different asset class, potentially preparing for liquidation.

Illicit Funds Moved to New Wallet to Obscure Trail

Immediately following the swap, the hacker transferred the entire 87 WBTC balance to a newly created wallet address. This technique is a standard practice in money laundering to break the on-chain traceability of funds. By moving the assets to a fresh wallet with no prior history, the actor makes it more difficult for blockchain investigators and authorities to follow the money trail. This step suggests a deliberate strategy to distance the funds from their illicit origin before attempting to cash out through decentralized protocols or centralized exchanges that may have weaker compliance controls.