$ETH faces the risk of a $200 million sellout since one of the biggest holders on the network is a hacker
By taking an enormous volume of funds off of the exchange, the hacker acquired control of a large chunk of funds that he later exchanged for Ethereum and sent to yet another wallet. The majority of blockchain observers assumed that he would send those funds to coin mixing solutions like Tornado Cash to sell later on.
However, funds are still sitting in the hacker's wallet without moving anywhere. Presumably, the hacker might face some issues after moving funds through Tornado Cash, considering the rising number of OFAC-compliant blocks that might limit his or her transaction.
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