#ETH
Radiant Capital Hacker Engages in Strategic Ethereum Trading
On-chain analysis from Lookonchain, as reported by Foresight News, indicates that the hacker responsible for the $53 million Radiant Capital exploit in October 2024 has been actively trading Ethereum (ETH). On August 20, 2025, at approximately 2:51 PM PKT, the hacker acquired 2,109.54 ETH for 8.64 million DAI at an average price of $4,096 per ETH. This purchase follows a prior sale of 9,631 ETH for $43.94 million at $4,562 per ETH, demonstrating a calculated strategy of selling during price peaks and buying during dips.
The hacker’s wallet currently holds 14,436 ETH and 35.29 million DAI, with a total value of approximately $94.63 million. This reflects a profit exceeding $41 million from the initial $53 million exploit. The trading activity underscores the hacker’s ability to exploit Ethereum’s price volatility, which has seen ETH climb from approximately $2,500 at the time of the hack to nearly $4,200 recently.
