Update: Coinbase executive Conor (
@jconorgrogan
) discovered that the funds from this address originated from phishing and belong to a high-stakes Roobet player; most likely just a gambler using stolen funds rather than an insider https://x.com/wublockchain12/status/1896254511511207970

No wonder he doesn’t treat 6 million USDC like real money🤣 Using someone else’s money to open contracts sure feels burden-free…

After closing his 50x ETH & BTC long positions last night, he opened a “small” long position on YGG

吴说获悉，据 @ai_9684xtpa 监测，此前 Hyperliquid 50 倍杠杆做多 BTC 和 ETH 巨鲸已近乎清仓（仅剩 30.92 枚），24 小时内获利 683 万美金并已将本金和利润在内的 1285 万枚 USDC 提回 Arbitrum 网络。另据 Coinbase 主管 Conor，追踪该地址后发现，其资金来源于网络钓鱼，并且是 Roobet…

吴说区块链

Director @coinbase

Github.com/jconorgrogan

 math experiments/musings or crypto/base and the absurdity of our industry