Lookonchain-Linked Mercado Bitcoin Hack Wallet Holds 7,988 ETH Worth $18.19 Million

A wallet that Lookonchain linked to the Mercado Bitcoin hack has converted multiple altcoins into Ether (ETH) and now holds 7,988 ETH valued at about $18.19 million. PEPE, AAVE, UNI, ONDO and ENA were among the tokens included in the conversion. The reported balance puts the holdings in ETH rather than in separate altcoins. The $18.19 million figure is the stated value of the wallet’s 7,988 ETH. A token swap exchanges one crypto asset for another; the conversion described here ended in ETH. The wallet’s holdings are now in ETH.