According to PeckShieldAlert, the hacker associated with Zothdotio has swapped the stolen funds for a total of 4,223 ETH. This transaction may impact ETH liquidity and trading volumes as these funds could be moved or liquidated across exchanges. Traders should monitor ETH price movements and market reactions closely for potential volatility.

According to PeckShieldAlert, Zothdotio has experienced a private key leakage, resulting in a financial loss of $8.85 million. The hacker responsible has exchanged the stolen assets for 8.3 million DAI, a stablecoin pegged to the US dollar. This incident highlights significant security vulnerabilities in private key management, which could impact trading strategies by increasing risk assessments for DeFi investments.