Why traders are not worried that the KuCoin hack will drop Ethereum price

[Lenipiw]

After the $150 million KuCoin hack, traders appear unworried that open market sales by the hacker will drop Ethereum price. Analysts say that the unknown hacker behind the KuCoin breach is selling the stolen ERC-20 tokens on Uniswap. Although selling tokens on the Ethereum-based decentralized exchange allows the hacker to obtain Ether (ETH), it doesn’t mean it’s laundered.

All transactions made on the Ethereum blockchain network are traceable using blockchain explorers, meaning even if the tokens are converted to Ether, the stolen amounts would still leave traces. This means exchanges can (and probably will) suspend any exchange address that is associated with the tainted funds.
Visit here: https://cointelegraph.com/news/why-traders-are-not-worried-that-the-kucoin-hack-will-drop-ethereum-price

[Noverteno]

In fact, $ 150 million is not that big of a deal to cause ethereum to fall. Moreover, hackers exchange tokens for ethereum and the funds remain in this network anyway.
We are also increasingly convinced that decentralized cryptocurrency is not so anonymous. However, this is even for the best. Hackers won't feel completely unpunished.