Update: DriftProtocol exploiter amasses $266M in ETH amid sustained buying spree

The entity linked to the @DriftProtocol exploit has deployed another $2.46M in USDC to buy 1,195 ETH, according to onchain data. The latest purchase lifts its ETH balance to 130,262 ETH, worth about $266M at current prices. Blockchain activity indicates a repeated strategy of swapping stolen stablecoins into Ether, building one of the ecosystem's largest hostile positions.