Back Beincrypto

Crypto Whale Loses $25.6 Million 2 Years After $24 Million Phishing Attack

Beincrypto • August 13, 2026

An unknown crypto whale lost $25.6 million after an attacker drained their wallet. The hacker swapped the stolen assets into Dai (DAI) and Ethereum (ETH), onchain analyst Specter reported.

The same wallet lost $24.2 million to a phishing attack in September 2023. Afterward, the attacker returned roughly 90% of the funds.

Blockchain security firm PeckShield detailed the largest holdings taken. This included $6.3 million in aWBTC. DAI losses totaled $5.1 million, while direct Wrapped Bitcoin (WBTC) holdings totaled $4.7 million.

Roughly $2.6 million in ETH also left the wallet. Smaller balances of cbBTC, USDS, Lido DAO (LDO), and Curve DAO (CRV) went the same way.

The attacker converted the proceeds into 20 million DAI and 3,000 ETH. The stolen funds now sit across four addresses.

The victim has a costly history. PeckShield reported in September 2023 that the same whale lost $24.2 million to phishing , including 4,851 rETH and 9,579.2 stETH.

That phisher swapped the tokens for roughly 13,785 ETH and 1.64 million DAI. These two incidents have now cost the address almost $50 million combined.

The theft lands during a busy month for crypto security. DefiLlama has separately logged 13 hacks in August, with tracked losses above $12 million.

Payment processor Coinsbuy accounted for the bulk of that figure after losing $7.9 million on August 9. Whether this attacker follows the 2023 precedent and returns the funds will likely determine how much the victim recovers.

The full story

This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.

Crypto Whale Loses $25.6 Million in Phishing Attack, Again A cryptocurrency whale has suffered a second phishing attack, losing $25.6 million from a wallet previously drained of $24.2 million in September 2023. The latest attack occurred on August 12, 2026, with the hacker converting stolen assets into Dai (DAI) and Ethereum (ETH). The largest single loss was $6.3 million in aWBTC, along with $5.1 million in DAI and $4.7 million in Wrapped Bitcoin (WBTC). The attacker consolidated the stolen funds into four new wallet addresses. Unlike the previous incident, no funds have been returned to the victim this time. The total losses from both breaches now exceed $50 million. The incident comes amid a surge in crypto-related security breaches, with 13 recorded incidents in August alone, totaling over $12 million in losses. The previous attack involved malicious token approvals, allowing the attacker to drain the wallet without the victim's consent. 2 sources 65

Extracted Entities

Crypto Whale Loses $25.6 Million 2 Years After $24 Million Phishing Attack

The full story

Extracted Entities

Attack Types (1)

Companies (2)

MITRE ATT&CK (1)