Over 500 Dormant Ethereum Wallets Drained, Resulting in $800K Losses According to CryptoSlate, more than 500 long-dormant Ethereum wallets appear to have been drained, with losses totaling around $800K.
Over 500 Dormant Ethereum Wallets Drained, Resulting in $800K Losses According to CryptoSlate, more than 500 long-dormant Ethereum wallets appear to have been drained, with losses totaling around $800K. Over 260 ETH, worth roughly $600K, was moved to an Etherscan-labeled address（Fake_Phishing2831105）, which later recorded a 324.741 ETH transfer to THORChain Router v4.1.1.
The compromise path remains unclear, with old private keys, seed phrases, legacy wallet tools, or key-management risks among the possible causes. — link