Institution sells 4,000 ETH in 12 hours! Cashes out 16.65 million, cumulative sales exceed 53 million

On-chain data is explosive! An institution rapidly sold 4,000 ETH in the past 12 hours at an average price of $4,164, cashing out 16.65 million dollars. Even more impressive, since August 18, this address has cumulatively sold 12,575 ETH, with a total value exceeding 53.68 million dollars, and currently still holds 6,210 ETH to be sold—will this wave of selling continue to impact the market?

Radiant Capital hacker's assets surge to 94.63 million! Mastering high sell and low buy

Does the hacker also understand “buy low and sell high”? The Radiant Capital hacker used 8.64 million DAI to bottom-fish in the past hour, buying back 2,109.5 ETH at a price of $4,096 each. A week ago, they sold 9,631 ETH at an average price of $4,562, cashing out 43.937 million DAI.

Now the hacker holds 14,436 ETH + 35.29 million DAI, with total assets soaring to 94.63 million dollars, an increase of 41.63 million compared to the 53 million stolen last year—this operation has left even veteran investors dumbfounded!

Analyst firmly counters the bears: ETH's decline is a “healthy correction”! Normal after a 245% surge

Concerns arise from Ethereum's recent pullback? Crypto analyst @IamCryptoWolf (Tradingview veteran, 111,000 followers on X platform) bluntly stated: What’s the panic? This is just a normal pullback after a 245% surge and breaking through the $4,000 resistance level, more likely a “secondary test” of the breakout area. Healthy correction or deep adjustment? Market divergence is intensifying! $ETH $BTC